Senate OKs bill aimed at boosting movie industry in Georgia

ATLANTA -- The Senate gave final approval to a plan to expand tax breaks to movie makers, hoping to bring back Hollywood to Georgia.

The Senate voted 48-1 to approve House Bill 1100. Backers believe this will help the state gain more movie productions such as 1991'??s "Fried Green Tomatoes," which led to rebirth of the town of Juliette in Monroe County.

The bill would give movie, TV and video game producers up to a 20 percent income tax credit on spending of at least $500,000, more than double the current 9 percent tax break. Companies that currently invest more than $30 million a year or more would not be eligible.

The bill would require a Georgia logo to be shown in the credits of the production.

The bill now goes to the governor for his signature.