Fiscal Note
SB0014S01 - Financial Incentives for Motion Picture Productions
State Impact:
Enactment of this bill could reduce the Education Fund by $7,793,700 in FY 2010 and FY 2011. Any future credits are dependent upon Legislative authorization.
| Funding Source | FY 2009 Approp. | FY 2010 Approp. | FY 2011 Approp. | FY 2009 Revenue | FY 2010 Revenue | FY 2011 Revenue |
| Education Fund, One-Time | $0 | $0 | $0 | $0 | ($7,793,700) | ($7,793,700) |
| Total | $0 | $0 | $0 | $0 | ($7,793,700) | ($7,793,700) |
Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for local governments. Businesses could receive refundable tax credits equal to 20 percent of the costs of in-state production.
| 3/12/2009, 3:41:17 PM, Lead Analyst: Wilko, A. | Office of the Legislative Fiscal Analyst |