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