“I think as those individuals had opportunities to talk to various members, they were able to cut through some of the rhetoric and misinformation,” said Thomsen, R-Ada.
The bill would extend for 10 years a program that allows filmmakers to receive tax rebates of up to $5 million a year on money spent on movie productions in Oklahoma. Current law, which is scheduled to expire July 1, allows filmmakers to recoup $1 for every $3 spent in the state up to the program’s limit.
The movie industry directly spent $35.1 million in Oklahoma last year, Thomsen told House members.
“I think it is a proven program that benefits our state financially, but also helps create an industry that diversifies our state’s economy and revenue stream,” Thomsen said.