HOLLYWOOD — Senate minority leader Tom Daschle will meet today with 40 key directors at DGA headquarters to discuss runaway production as part of the guild’s ongoing efforts to push for federal incentive legislation.
Confab will be hosted by Paris Barclay, co-chair of the DGA-PAC Leadership Council, with Curtis Hanson, Kevin Hooks, Frank Marshall, Ivan Reitman, Thomas Schlamme, Betty Thomas, Lili Fini Zanuck and Ed Zwick expected to attend.
Prospects for a federal tax credit aimed at productions with budgets under $10 million have brightened recently with House Speaker Dennis Hastert expected to push forward such legislation this summer (Daily Variety, May 8). Reps. David Dreier (R-Calif.) and Howard Berman (D-Calif.) introduced HR 715, also dubbed the U.S. Independent Film & TV Act of 2003, in mid-February; Daschle has not yet taken a position.
Similar bills killed
Similar legislation was introduced in the House and Senate in 2001 but died after backers could not attach the bills to tax legislation. A Senate report on the bill found that three-year costs would range from $200 million-$400 million.
Over the past two years, the DGA has hosted similar events with Hastert, Dreier, Rep. Billy Tauzin (R-La.), Sen. Harry Reid (D-Nevada), Sen. Max Baucus (D-Montana) and Sen. Blanche Lincoln (D-Ark.), who introduced the 2001 legislation in the Senate.