Three decades after the origina l Heat took Los Angeles by storm, Michael Mann is bringing Heat 2 to town thanks to some big tax-incentive cash from California. The multi-Oscar-nominated director’s sequel just got supercharged with a $37.2 million tax incentive award from the Golden State.
With the new pumped up tax credit program of $750 million annually, the Heat sequel — now at United Artists after years of development and a bestselling 2022 novel — was joined by 51 other projects announced Tuesday for the incentive that is estimated to inject $1.4 billion into California’s economy via a combination of spending and wages. In total, the over four dozen films received $342 million in tax credits.
Among the other feature films allocated tax credits today is a new Jumanji