Nicolas Cage urges Nevada lawmakers to pass film incentive bill - FOX5 Vegas - KVVU

Nicolas Cage urges Nevada lawmakers to pass film incentive bill

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There's a push in the Nevada Legislature to lure Hollywood to the Silver State.

Senate Bill 165 would provide tax incentives for filmmakers to shoot in Nevada.

Actor Nicolas Cage made his pitch to lawmakers to pass the bill that would provide tax incentives for production companies to set up shop in Nevada.

"I want to make a request that we make our beautiful state of Nevada the new face of America to the international community," Cage said. "Movies are the way to do that."

Cage says he has four scripts that could be shot in Nevada right now, but the state isn't getting the jobs because there are no incentives.

SB 165 would change that by offering a 20% tax credit that would be bumped to 24% by hiring Nevadans.

"This incentive would give us the opportunity to convince these industry folks, instead of going across the country, to stop right here in Las Vegas and Reno or other parts of Nevada and operate," said the bill's author, Sen. Aaron Ford.

"Even at 20%, and other states are offering 25, we're competitive because of the proximity, because we have hotel rooms and rental car agencies," said Chris Ramirez, founder of Silver Sate Production Services. "Producers know this. They know we have the infrastructure ready."

There are opponents to this bill.

The Nevada Taxpayers Association takes issue with the revenue side of the bill and prefers abatements, the reduction of a tax assessment, over-transferable tax credits that could be sold off.

"It's like the cap and trade," said Carole Vilardo of the NTA. "It's been discussed at the federal level. So if I don't use everything I need, I can put it on the market and sell it to somebody else."

Ford says other states have been successful, and it's time Nevada got in the game.

"We are Nevada," Ford said. "We thrive off of the gamble. With testimony like we heard today, I think the gamble will most assuredly pay off."

The bill is getting bipartisan support and has a good chance of passing both the Senate and the Assembly.

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