House Bill No. 2374 amends the Filmed in Oklahoma Act of 2021, focusing on various aspects of film production incentives in the state. Key modifications include updated definitions for terms such as "above-the-line personnel," "crew," and "film," with new inclusions like "animation," "documentaries," and "live audience episodic television." The bill also introduces a requirement for production companies to withhold Oklahoma income tax on payments to loan-out companies, ensuring that employees performing services in Oklahoma are subject to state taxation. Additionally, the bill establishes a new section that allocates $35,000 annually for economic impact reviews of the program.

The legislation outlines specific requirements for production companies to qualify for rebate payments, including the submission of applications, proof of tax compliance, and evidence of local payments. It also sets forth a tiered system for utilizing apprentices based on the production's Oklahoma expenditures, with increasing numbers of apprentices required as expenditures rise. The bill aims to enhance the economic impact of film production in Oklahoma while ensuring compliance with state tax laws. The act is set to take effect on July 1, 2025, and includes an emergency clause for immediate implementation upon passage.

Statutes affected:
Introduced: 68-3638
House Committee Substitute: 68-3632
Floor (House): 68-3632
Floor (Senate): 68-3632
Engrossed: 68-3632
Enrolled (final version): 68-3632
Sub Committee OR Policy Committee Recommendations (House) Sub Committee Recommendation: 68-3632