Relating to certified film production development contributions; prescribing an effective date.
Catchline/Summary:
Increases amount of maximum total tax credits for certified film production development contributions for fiscal year. Increases amount of maximum total tax credits for certified film production development contributions for fiscal year. Allows for reimbursement for local media production projects from principal portion of Oregon Production Investment Fund. Limits amount of expense reimbursement from principal portion of fund for filmmakers other than local filmmakers and for local media production projects. Increases limit on reimbursement for local filmmaker or media production services company.
Applies to fiscal years beginning on or after July 1, 2015.
Takes effect on 91st day following adjournment sine die.
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SB 872 Joint Committee On Tax Credits
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