Va. officials offer Spielberg tax credits for Lincoln movie
State officials have offered superstar film director Steven Spielberg tax credits to film his new movie on Abraham Lincoln in Virginia, several sources in Gov. Bob McDonnell's administration tell us.
The General Assembly passed a bill this year allowing a tax credit of up to 20 percent for movies filmed in the state with expenses of at least $250,000 for taxable years beginning Jan. 1, 2011.
Secretary of Commerce and Trade Jim Cheng confirms that the bill could help woo Spielberg to Virginia.
"Support from the General Assembly has been great,'' he said. "And necessary for us to stay competitive."
Spielberg was scouting locations in Richmond last week when he stopped to have lunch with Rita McClenny, director of the Virginia Film Office, and Andy Edmunds, the office's location manager, at Millie's Diner.
The next day, Spielberg announced his long-anticipated Abraham Lincoln biopic would focus on the road to abolition and the end of the Civil War.
Lincoln, the 16th president, visited the former capital of the confederacy April 1865 right after the city fell and shortly before he was assassinated.
The film will be based on the 2005 book "Team of Rivals" by Doris Kearns Goodwin and star Daniel Day-Lewis as Lincoln. Filming is expected to begin in the fall 2011 for release in 2012.
| November 22, 2010; 2:12 PM ET
Categories: Anita Kumar, Robert F. McDonnell
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