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KS HB2038
Bill
Status
1/21/2025
Primary Sponsor
Commerce, Labor and Economic Development
Click for details
AI Summary
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Establishes the Kansas Film and Digital Media Production Development Act to incentivize film, video, and digital media productions through income tax credits and sales tax exemptions administered by the Secretary of Commerce
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Provides a base 30% income tax credit on qualified production expenditures, with potential bonuses up to 40% total for multi-film deals, high-impact productions ($50M+), TV series, workforce development contributions, or hiring 50%+ Kansas residents
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Caps total annual income tax credits at $10 million per year from 2025-2034, with 10% reserved for Kansas-based production companies; credits can be carried forward up to 10 years or transferred once
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Requires productions to incur at least $50,000 in qualified expenses ($25,000 for Kansas-based companies), employ at least 10% Kansas resident crew, and include qualified Kansas promotional content
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Mandates annual reporting to the legislature on tax incentives awarded, certified projects, and program impact on the Kansas film industry through January 31, 2035
Legislative Description
Enacting the Kansas film and digital media industry production development act, providing a tax credit and sales tax exemption to incentivize film, video and digital media production in Kansas, establishing a program to be administered by the secretary of commerce for the purpose of developing such production in Kansas and requiring the secretary of commerce to issue reports to the legislature regarding the program.
Last Action
House Hearing: Tuesday, February 4, 2025, 3:30 PM Room 346-S
2/4/2025