OK SB391

Clarifies eligibility for film production tax rebates by defining "non-resident above-the-line personnel" and "resident above-the-line personnel," allowing producers, principal cast, screenwriters, and directors to qualify as crew if paid through Oklahoma-registered entities or based in Oklahoma.

Increases the film production rebate from 17% to 35% of documented expenditures made after July 1, 2009, with an additional 2% rebate available if production companies spend at least $20,000 on Oklahoma-created or recorded music.

Raises the annual cap on total rebate payments from $5 million to $10 million per fiscal year, with unpaid claims eligible to carry over to the following fiscal year.

Maintains existing eligibility requirements including minimum $50,000 budget ($25,000 spent in Oklahoma), proof of financing, liability insurance, and completion bonds or evidence of payment to Oklahoma vendors.

Effective November 1, 2011.