House Bill No. 2110, introduced by Osburn, seeks to amend various sections of the Oklahoma Statutes concerning the film industry by renaming the "Compete with Canada Film Act" to the "Bringing Sitcoms Home from Hollywood Pilot Program Act." The bill emphasizes the significance of live audience episodic television production in Oklahoma, aiming to create jobs and improve the state's image. It introduces a rebate program offering up to 20% of qualified production expenditures, with additional incentives for projects filmed in specific locations or using soundstage facilities. The bill also streamlines the application process for production companies by repealing certain existing definitions and provisions, while establishing eligibility criteria for rebate payments.

Additionally, the bill modifies the Oklahoma Film Enhancement Rebate Program by introducing new provisions for post-production expenses, allowing for a 2% rebate on qualified expenditures for music-related post-production and a 3% rebate for other post-production expenses, subject to minimum expenditure requirements. It caps total incentive payments at 30% of qualified production expenditures and requires productions to employ a specified number of apprentices to qualify for maximum incentives. The bill establishes a new revolving fund for the pilot program and modifies the existing rebate fund, ensuring it remains active until all approved projects are paid out or until July 1, 2028. The act is set to take effect on November 1, 2025.

Statutes affected:
Introduced: 68-3623, 68-3624
Sub Committee OR Policy Committee Recommendations (House) Sub Committee Recommendation: 68-3624, 68-3623