MO HB2142

Base tax credit of 20% of qualifying expenses for motion media production projects, with additional 5% bonuses available for: filming at least 50% in Missouri, filming 15% in rural/blighted areas, hiring Missouri residents for advancement positions, or marketing Missouri locations in the script

Annual tax credit cap increases from $8 million each for film and series production (total $16 million) through December 31, 2026, to a combined $16 million cap for film or series production starting January 1, 2027

Projects must employ Missouri registered apprentices or veterans based on budget size: 2 for projects under $5 million, up to 8 for projects of $15 million or more

Tax credits may be sold, assigned, or transferred; unused credits can be carried forward up to 5 tax periods but must be claimed within 10 tax periods

Program sunset date extended from December 31, 2029 to December 31, 2035, with automatic termination one year after all other U.S. state and local film production incentive programs end