Senate panel passes bill for $5M in film rebates - KSWO 7News | Breaking News, Weather and Sports

Senate panel passes bill for $5M in film rebates

OKLAHOMA CITY (AP) - A $5 million annual rebate program that has been used to attract producers of films like last year's "August: Osage County" to Oklahoma would continue for another ten years under a bill that has passed a Senate committee.

The Senate Finance Committee voted 7-2 for the bill on Tuesday. It now heads to the full Senate, where it is expected to pass.

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. Supporters say the rebate allows Oklahoma to compete with other states to bring lucrative film productions to their states.

But lawmakers who oppose the bill say the program is a wasteful use of tax dollars.

 

Online:

House Bill 2580: http://bit.ly/NoAdj9

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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