Oklahoma House passes extension of movie tax credit

Oklahoman Modified: March 4, 2014 at 3:40 pm •  Published: March 4, 2014
Advertisement
;

OKLAHOMA CITY (AP) — The Oklahoma House has — on its second try — passed a bill to extend a tax credit for the film industry.

The House voted 65-28 for the measure Tuesday after reconsidering the bill. It had fallen three votes short of passing on Monday.

The state provides rebates to filmmakers amounting to $1 for every $3 dollars they spend on movie productions in Oklahoma, up to a total of $5 million. The program is scheduled to expire July 1. The bill by Republican Rep. Todd Thomsen of Ada extends the credit for 10 years to 2024.

Opponents say the program is a wasteful use of tax dollars. They also say the Oscar-nominated film “August: Osage County,” which used the rebate program, portrayed Oklahoma negatively.