Oklahoma § 68-3642.4 - Incentive rebate program — Administration —

§ 68-3642.4. Incentive rebate program — Administration —

Eligibility.

Oklahoma Statutes - Title 68. Revenue and Taxation

A. There is hereby created an incentive rebate program for

eligible live audience episodic series filmed or produced in

Oklahoma who meet the requirements of this act.

B. The incentive rebate program shall be administered by the

Oklahoma Department of Commerce and the Oklahoma Tax Commission.

C. The Oklahoma Department of Commerce shall collect separate

metrics specific to the Bringing Sitcoms Home from Hollywood Pilot

Program and incentive rebate payments for evaluation of this pilot

program.

D. The Oklahoma Department of Commerce and the Oklahoma Tax

Commission may promulgate rules to implement the provisions of this

act.

E. To be eligible for an incentive rebate payment, a production

company shall:

1. Submit an application and documentation to the Oklahoma

Department of Commerce as required by the Department;

2. Have filed any Oklahoma tax returns and tax documents

required by law;

3. Provide evidence that all Oklahoma crew and local vendors

have been paid and that there are no pending liens against the

production company in this state;

4. Provide evidence of financing for production prior to the

commencement of principal photography;

5. Provide evidence of a certificate of general liability

insurance with a minimum coverage of One Million Dollars

($1,000,000.00) and a workers' compensation policy in compliance

with law, which shall include coverage of employer's liability; and

6. Provide evidence, as required by the Department, that the

projects pursuant to this act are completed.

F. A production company shall not be eligible to receive both

an incentive rebate payment pursuant to the provisions of this act

and an exemption from sales tax pursuant to the provisions of

paragraph 23 of Section 1357 of Title 68 of the Oklahoma Statutes.

If a production company has received the exemption from sales tax

and submits a claim for rebate pursuant to the provisions of this

act, the company shall be required to fully repay the amount of the

exemption to the Tax Commission. A claim for a rebate shall include

documentation from the Tax Commission that repayment has been made

as required in this subsection or shall include an affidavit from

the production company that the company has not received an

exemption from sales tax pursuant to the provisions of paragraph 23

of Section 1357 of Title 68 of the Oklahoma Statutes.

G. The Department of Commerce Oklahoma Film and Music Office

shall approve or disapprove all claims for rebate and shall notify

the Oklahoma Tax Commission. The Oklahoma Tax Commission shall,

upon notification of approval from the Oklahoma Film and Music

Office, issue payment for all approved claims from funds in the

Oklahoma Statutes - Title 68. Revenue and Taxation

Bringing Sitcoms Home from Hollywood Pilot Program Revolving Fund

created in Section 6 of this act. The amount of claims prequalified

and approved by the Office for any single fiscal year shall not

exceed Ten Million Dollars ($10,000,000.00). If the amount of

approved claims exceeds the amount specified in this subsection in a

fiscal year, payments shall be made in the order in which the claims

are approved by the Oklahoma Film and Music Office. If an approved

claim is not paid in whole or in part, the unpaid claim or unpaid

portion may be paid upon the availability of funds.

Added by Laws 2025, c. 380, § 4, eff. Nov. 1, 2025.