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GA Adjustment
Economic Development Incentive Payments (312)
Request Title Reduce funding for Motion Picture Fund
Biennium 2014-2016
Budget Round Initial Bill
Half Sheet Number 101 #7s
Description

This amendment reduces general fund support for the Motion Picture Opportunity Fund. A companion action adopted by the 2014 Session increases the tax credits available for film and TV production from $5.0 million per biennium to $6.5 million per year. The industry has indicated that tax credits are better incentives for these types of productions. In total, this will provide $8.9 million per year in film incentives.

Funding Details
By Program Program Code Program Title FY 2014 FY 2015
  534 Economic Development Services ($2,350,000) ($600,000)
By Fund Fund Code Fund Title FY 2014 FY 2015
  0100 General Fund ($2,350,000) ($600,000)
Authorized Position Details
By Program Program Code Program Title FY 2014 FY 2015


p3_opview - Official Enacted Budget View Operating Bullet Details - 06-06-2025 12:52:24