Hungary’s Parliament has voted in favor of establishing a National Film Institute from January 2020, which will be in charge of funding films for both television and cinema. The proposal was approved with 135 votes in support, 27 against and 25 abstentions.
The new institute will be based on the current Hungarian National Film Fund but will also function as the legal successor for tasks carried out by the Television Film Funding Organization and Television Film College.
The legislation stipulates that unused funds will be transferred to the new institute and used for film and television projects.
The purpose of setting up the new institute is to eliminate parallel procedures, standardize distribution, ensure predictable and continual work opportunities in the film industry and introduce standard professional controls over content and distribution.
The NFI will be headed up by a board which will commission committees to make decisions on funding coming from the central budget.