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Oklahoma Legislature· HB 1970Referred to Appropriations and Budget Finance Subcommittee

An act relating to revenue and taxation, the official text

Shown verbatim: the complete text as captured from the official PDF posted by the Oklahoma Legislature, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
1                   STATE OF OKLAHOMA

2   1st Session of the 60th Legislature (2025)

3 HOUSE BILL 1970               By: Williams

4

5

6                   AS INTRODUCED

7   An Act relating to revenue and taxation; amending

    68 O.S. 2021, Section 3635, as last amended by

8   Section 159, Chapter 452, O.S.L. 2024 (68 O.S. Supp.

    2024, Section 3635), which relates to incentive

9   amounts; providing incentive based on certain

    financial services; providing incentive based upon

10  certain content; providing an effective date; and

    declaring an emergency.

11

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14

15 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:

16  SECTION 1.      AMENDATORY  68 O.S. 2021, Section 3635, as

17 last amended by Section 159, Chapter 452, O.S.L. 2024 (68 O.S. Supp.

18 2024, Section 3635), is amended to read as follows:

19  Section 3635. A. Subject to the final approval of the

20 eligibility application by the Oklahoma Department of Commerce, a

21 requirement that the incentive payments made pursuant to the

22 provisions of the Filmed in Oklahoma Act of 2021 achieve the maximum

23 positive impact for the Oklahoma economy and subject to the Oklahoma

24 workforce requirements of Section 3637 of this title, the base

    Req. No. 10874                                                 Page 1
1 incentive amount for a project filmed in this state, not including

2 above-the-line personnel, shall be a maximum of thirty percent (30%)

3 of the qualified production expenditure amount. An incentive for a

4 project filmed in this state for wages paid to nonresident crew, not

5 including above-the-line personnel, shall be provided in the amount

6 of seven and one-half percent (7.5%) for wages paid before April 1,

7 2023, and twenty percent (20%) for wages paid on or after April 1,

8 2023.

9   B. In addition to the amount authorized by subsection A of this

10 section, there may be an additional incentive amount, subject to the

11 final approval of the Oklahoma Department of Commerce, in the

12 maximum amount of:

13  1. Three percent (3%) of the qualified production expenditure

14 amount for projects where at least twenty-five percent (25%) of main

15 crew principal photography days are filmed on location, excluding

16 sound stage production, in any county of this state if the county

17 has a population of less than two hundred fifty thousand (250,000)

18 persons according to the Federal Decennial Census or most recent

19 population estimate;

20  2. Two percent (2%) of the qualified production expenditure

21 amount for projects whose hub location, as determined by the

22 Department, is for projects where at least twenty-five percent (25%)

23 of main crew principal photography days are filmed on location,

24 excluding sound stage production, in a municipality having a

    Req. No. 10874                                                  Page 2
1 population of twenty-five thousand (25,000) or fewer persons

2 according to the Federal Decennial Census or most recent population

3 estimate regardless of the county in which the municipality is

4 located or partially located;

5   3. Five percent (5%) of the qualified production expenditure

6 amount for soundstage expenditures if at least twenty-five percent

7 (25%) of main crew principal photography days are filmed at a

8 qualified soundstage facility;

9   4. For eligible television series as defined in paragraph 4 of

10 Section 3632 of this title:

11  a. two percent (2%) of the qualified production

12  expenditure amount for an eligible television episodic

13  pilot, and

14  b. five percent (5%) of the qualified production

15  expenditure amount if a television series is filmed

16  for one or more seasons;

17  5. Five percent (5%) of the qualified production expenditure

18 amount for an eligible multi-film deal as defined in paragraph 7 of

19 Section 3632 of this title;

20  6. On or after July 1, 2023, two percent (2%) of the qualified

21 production expenditure amount for the post-production expenses of:

22  a. music production, recording, mixing, or composition,

23  or

24  b. licensing of Oklahoma music; and

    Req. No. 10874                                                Page 3
1   7. Three percent (3%) of the qualified production expenditure

2 amount based on expenditures paid to Oklahoma vendors for post-

3 production expenses with a minimum expenditure of three percent (3%)

4 of Oklahoma production expenditures. Post-production expenditures

5 include but are not limited to the following categories:

6   a. sound recording or mixing,

7   b. color grading,

8   c. editorial work,

9   d. visual effects,

10  e. animation,

11  f. deliverables, excluding marketing and advertising,

12  g. editing equipment or editing facility rental,

13  h. color grading or digital intermediate processing,

14  i. audio post-production processes including Foley artist

15  processes or services, and

16  j. graphics, including but not limited to the GFX system;

17  8. Two percent (2%) of the qualified production expenditure

18 amount for projects which obtain commercial banking services for the

19 duration of the project from any bank authorized and chartered by

20 the laws of this state to engage in the banking business; and

21  9. Five percent (5%) of the qualified production expenditure

22 amount for projects whose content is faith-based or which promotes

23 core family values.

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    Req. No. 10874                                                Page 4
1   C. Notwithstanding any other provisions of this section or the

2 provisions of the Filmed in Oklahoma Act of 2021 to the contrary, in

3 no case shall the total incentive payments authorized by this

4 section exceed thirty percent (30%) of the otherwise qualified

5 production expenditure amount. The incentive payment amount

6 prescribed by subsection A of this section may be used in any

7 combination with the additional incentive amounts authorized by

8 subsection B of this section, but the combination of the incentive

9 amounts shall not exceed thirty percent (30%).

10  SECTION 2. This act shall become effective July 1, 2025.

11  SECTION 3. It being immediately necessary for the preservation

12 of the public peace, health or safety, an emergency is hereby

13 declared to exist, by reason whereof this act shall take effect and

14 be in full force from and after its passage and approval.

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16  60-1-10874      MAH  01/15/24

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    Req. No. 10874                                                 Page 5
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