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 that offers up to 17% of documented expenditures for qualifying productions, increasing to 35% for expenditures made after July 1, 2009. Additionally, the bill sets eligibility criteria for production companies, including minimum budget requirements and documentation of expenditures, while raising the cap on total claims from $8 million to $10 million.

Moreover, the bill modifies the Oklahoma Film Enhancement Rebate Program by adding provisions for post-production expenses, allowing for a 2% rebate on qualified music production expenditures and a 3% rebate for various post-production services, contingent on meeting specific minimum expenditure requirements. To qualify for the maximum base incentive payment of 20%, productions must employ a certain number of apprentices based on total expenditures. The bill also establishes the "Bringing Sitcoms Home from Hollywood Pilot Program Revolving Fund" and modifies the existing "Oklahoma Film Enhancement Rebate Program Revolving 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