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IN HB1070
Bill
Status
1/3/2019
Primary Sponsor
David Frizzell
Click for details
AI Summary
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Indiana Economic Development Corporation authorized to issue rebates to film and media production companies that spend at least $500,000 on qualified production expenditures in Indiana
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Rebate percentages vary by expenditure type: up to 35% for workforce training and student internships, up to 30% for wages/salaries/benefits to Indiana residents, and up to 20% for other qualified production costs
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Qualified productions include feature films, TV series, documentaries, digital media, music videos, video games, and non-political advertising; excludes news coverage, sports broadcasts, talk shows, awards shows, and obscene material
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Applicants must apply before incurring expenses, pay a $200 application fee plus $500-$1,000 administrative fee, and agree to include "filmed in Indiana" credit and Film Indiana logo in productions
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Rebates cannot be issued after December 31, 2025, and the entire program expires January 1, 2027; effective retroactively to January 1, 2019
Legislative Description
Film and media production rebate. Authorizes the Indiana economic development corporation (IEDC) to approve and issue a film and media production expenditure rebate (rebate) to a qualified applicant that proposes to make a qualified production expenditure of at least $500,000 in Indiana. Requires the IEDC to enter into an agreement with a qualified applicant for the rebate, and specifies the terms that must be in the agreement. Establishes the criteria for approving a rebate and the procedures for claiming a rebate. Provides that the IEDC may not issue a rebate to a qualified applicant after December 31, 2025.
Last Action
First reading: referred to Committee on Ways and Means
1/3/2019