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OK SB1025
Bill
Status
2/1/2016
Primary Sponsor
Michael Mazzei
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AI Summary
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Suspends eligibility for Oklahoma Film Enhancement Rebate Program payments for expenditures made from July 1, 2016 through June 30, 2018
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Maintains the existing 35% rebate rate on documented film, television, and commercial production expenditures made in Oklahoma (with an additional 2% available for productions spending at least $20,000 on Oklahoma music)
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Preserves the $5 million annual cap on total rebate payments, with unpaid approved claims eligible for payment in subsequent fiscal years
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Effective date of July 1, 2016, with emergency clause for immediate effect upon passage
Legislative Description
Rebates; modifying time period during which expenditures qualify under Oklahoma Film Enhancement Rebate Program. Effective date.
Last Action
Second Reading referred to Finance
2/2/2016