Fallin extends $5M Oklahoma film rebate program

Ponca City Now - April 3, 2014 6:25 am

OKLAHOMA CITY (AP) – A bill to extend a $5 million annual film rebate program through 2024 is among four measures that have been signed into law by Gov. Mary Fallin.

Fallin on Wednesday signed the Compete with Canada Film Act to extend the program that was used to help lure the production of last year’s "August: Osage County" to Oklahoma.

Under the program, the state provides rebates to filmmakers of $1 for every $3 they spend on movie productions in Oklahoma, up to a total of $5 million annually. The $5 million cap has been reached in each of the past three years.

Fallin also signed a bill to extend a tax incentive program for quality events, one to change the Oklahoma Wheat Commission and another to repeal duplicate sections.

 

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