Relating to: creating a tax credit for expenses related to film production services and for capital investments made by a film production company, granting rule-making authority, and making an appropriation. (FE)

SB 231 creates a tax credit program for film production companies in Wisconsin, providing credits for eligible expenses like wages and capital investments incurred within the state. It establishes a State Film Office within the Department of Tourism to administer the program, set accreditation standards for productions (requiring minimum spending thresholds of $50,000 for short productions or $100,000 for longer ones), and issue tax credits. The bill caps annual program spending at $10 million total and $1 million per company, mandates that accredited productions include a state acknowledgment in the final product, and requires annual reports on program usage and efficiency. This directly affects film production companies operating in Wisconsin that meet the accreditation criteria and seek to reduce costs through state tax incentives.