Revenue and taxation; Filmed in Oklahoma Act of 2021; incentive amounts; effective date; emergency.

HB 1970 amends Oklahoma's Filmed in Oklahoma Act to adjust tax incentives for film and television productions filmed in the state. It sets a base incentive of 30% of eligible production costs (excluding above-the-line personnel) and adds specific bonus incentives for qualifying projects, such as 3% for on-location filming in smaller counties, 5% for soundstage use, 2-5% for post-production in Oklahoma, and 2.5% for faith-based content. The bill limits total incentives to 30% of eligible costs and takes effect July 1, 2025. It directly affects film producers seeking tax benefits for Oklahoma-based productions.