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Poe files bill that promotes PH movies

July 11, 2019

SEN. Mary Grace Poe

SEN. Mary Grace Poe has filed two separate bills to promote the development of Filipino independent films and shore up the movie industry.

Under Poe’s proposed Philippine Independent Film Incentives Act of 2019, a production outfit that produces award-winning film will get up to P5 million in incentives.

The senator also filed the proposed Philippine Film and Television Tourism Act of 2019, which aims to generate jobs and promote the country at the same time.

Poe, the daughter of National Artist for Film the late Fernando Poe Jr. and Susan Roces, an award-winning actress, headed the Movie and Television Review and Classification Board before becoming a senator.

“Malaki ang utang na loob ng aming pamilya sa industriya, kaya’t hindi natin ito pwedeng pabayaan (Our family is indebted so much to the industry, this is the reason why we cannot ignore it),” Poe said.

“With intervention from the government, we have to work together to help the Philippine film industry get back on track to excellence and profitability,” she added.

The Philippine Independent Film Incentives bill aims to discover, encourage and honor the cinematic works of Filipino filmmakers that “boldly articulate and freely interpret the Filipino experience with fresh insight and artistic integrity.”

It states that independent films awarded the Best Film prize or its equivalent, including those that received recognition for technical excellence in respected international film competitions or cinema festivals, shall be given the following incentives:

– A grant of P5 million to the film production or entity that produces the award-winning full-length feature or documentary film

– A grant of P3 million to the film production or entity that produces the award-winning short feature or documentary film

– Full tax exemption relevant to the screening of the film and its commercial exhibition, including those levied by local government units

– The honor of being given an automatic rating of an “A” film being granted by the Cinema Evaluation Board.

The bill proposes to tap a P50-million fund from the Philippine Amusement and Gaming Corp. for these incentives.

Credit belongs to : www.manilatimes.net

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