KY SB324

Expands Kentucky's film industry tax credit to cover video games, music videos, and commercials in addition to existing categories of feature films, television programs, industrial films, and documentaries

Maintains the $75 million annual tax incentive cap while allowing unused balances from previous years to carry forward starting in 2026 for "high-impact" productions, with criteria to be established by administrative regulation

Increases minimum expenditure thresholds for tax credit eligibility: Kentucky-based companies must spend at least $200,000 (up from $125,000) and non-Kentucky companies must spend at least $400,000 (up from $250,000) for most production types

Transfers primary application review duties from the Kentucky Film Leadership Council to the Kentucky Film Office, with the Council retaining final decision-making authority on tax incentive agreements

Requires approved companies to submit certified audits within 180 days of completing production and begin filming within 180 days of approval (changed from six months), with productions allocated 2.5% of transient room tax (up to $500,000) for office operations from July 2025 through June 2027