According to my contacts in congress, Republican Tim Scott in SC will be leading the film tax credit legislation on the Senate side, and TX Republican Nathaniel Moran is leading in the House. Senator Schiff has been reportedly very conciliatory and instrumental in working with republicans to get this done, and it may happen *very* soon. White House and Treasury are aligned.
We have record box office numbers in the film industry this year, but only foreigners and the above-the-line stars and studio execs are benefitting from it. Having a film tax credit will give AMERICAN blue collar film-workers a cut of the action and bring back tens of billions in economic activity to the US. Hollywood is going to keep making money no matter what we do, but the only way American workers benefit is with this legislation.
No matter what you think of all the parties involved, whether it's President Trump or Senator Schiff, they have both been extremely gracious and diligent on this issue...to be frank, it's been very inspiring working with all of them. I'm glad to see both democrats and republicans get something done to help America.
NOW PASS IT!!!