filmed out of state. A. Subject to the final approval of the eligibility application by the Oklahoma Department of Commerce, and subject to the requirement that incentive payments pursuant to the provisions of this act have the maximum positive impact for the economy of the state, the base incentive amount for post-production activity occurring in this state for a project filmed outside this state shall be a maximum of twenty percent (20%) of the qualified production expenditure amount. B. In addition to the amount authorized by subsection A of this section, there may be an additional incentive amount, subject to the final approval of the Oklahoma Department of Commerce, for eligible television series as defined in paragraph 4 of Section 2 of this act in the following amounts: 1. Two percent (2%) of the qualified production expenditure amount for an eligible episodic television pilot; and 2. Five percent (5%) of the qualified production expenditure amount if the television series is filmed for one or more seasons. C. In addition to the amount authorized by subsection A of this section, there may be an additional five percent (5%) of the qualified production expenditure amount, subject to the final approval of the Oklahoma Department of Commerce, for an eligible multi-film deal, as defined in paragraph 7 of Section 2 of this act, produced outside this state. D. The provisions of this section shall be applicable only with respect to qualified production expenditure amounts for post- production activity occurring within the state including, but not limited to, the following categories: 1. Sound recording or mixing; 2. Color grading; 3. Editorial work; 4. Visual effects; 5. Animation; 6. Deliverables, excluding marketing and advertising; 7. Music production, recording, mixing or composition; 8. Licensing of Oklahoma music; and 9. Editing equipment or editing facility rental. Added by Laws 2021, c. 516, § 6, eff. July 1, 2021. NOTE: Laws 2021, c. 516, § 15 states that the provisions of this act shall be contingent upon the enactment of the provisions of House Bill No. 2946 (c. 512) of the 1st Regular Session of the 58th Oklahoma Legislature. House Bill No. 2946 was approved by the Governor on May 24, 2021.
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