Secondary Incentives
Hold on set!
Hold on set!
Incentive Type:
Qualifying Production Types
Sunset Date
June 30, 2049
None
Wrapbook's Rule to Remember
Basic Incentive Information
- Spend35-45%
- Above the Line Residents40-45%
- Above the Line Non-Residents40-45%
- Below the Line Residents40-45%
- Below the Line Non-Residents40-45%
- Minimum Spend
- Funding Cap$150,000,000
- Project CapNone
- Loan Out RegistrationYes
- Loan Out Withholding6.37%
- CPA Audit RequiredYes
- Screen Credit RequiredYes
In order to get the maximum return listed in ranges, check out Additional Bonuses.
Additional Bonuses
Promote NJ Bonus: a 4% bump on all qualified expenses for submitting a plan outlining specific goals to promote or invest in New Jersey by completing no less than four of the available seven statutory criteria. These criteria include, but are not limited to, establishing or supporting film industry workforce development programs or recruiting programs, or providing promotional material for use by the Authority.
Note: bonuses are capped at 5%. If a production satisfies the eligibility criteria for both bonuses, the maximum bonus for which they can qualify is 5%.
Contact the film office for more details.
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Disclaimer
At Wrapbook, we pride ourselves on providing outstanding free resources to producers and their crews, but this page is for informational purposes only as of the date above. The content on our website is not intended to provide and should not be relied on for legal, accounting, or tax advice. You should consult with your own legal, accounting, or tax advisors to determine how this general information may apply to your specific circumstances.
