OK House Defeats Extension Of Movie Tax Credit - NewsOn6.com - Tulsa, OK - News, Weather, Video and Sports - KOTV.com |

OK House Defeats Extension Of Movie Tax Credit

Posted: Updated:
Representative Todd Thomsen's bill would extend the credit by 10 years to 2024. Representative Todd Thomsen's bill would extend the credit by 10 years to 2024.
OKLAHOMA CITY -

The Oklahoma House has defeated legislation to extend a tax credit program for the film industry.

House members voted 48-43 for the measure Monday, three short of the 51 votes needed to pass in the 101-member House. Its author, Republican Representative Todd Thomsen of Ada, kept the measure alive by announcing a plan to reconsider the vote.

1/20/2014 Related Story: My 2 Cents: Bringing Hollywood To Oklahoma

The state provides rebates to filmmakers amounting to $1 for every $3 they spend on movie productions in the state, up to a total of $5 million. The program is scheduled to expire on July 1. Thomsen's bill would extend the credit by 10 years to 2024.

Opponents say the program is a wasteful use of tax dollars.

View House Bill 2580

Live Radar

WARN Interactive

Featured

  • Business News

    Find news on Oklahoma's economy, local business, the banking industry and more.

  • Murrah Bombing Timeline

    Learn more about the events leading up to and following the bombing.

  • Your Vote Counts

    Hear both sides of Oklahoma politics with Your Vote Counts.

  • PoliticalMore>>

  • Local vote comes as Italy struggles to form government

    Local vote comes as Italy struggles to form government

    Sunday, April 22 2018 9:57 PM EDT2018-04-23 01:57:28 GMT
    Voting in one of Italy's tiniest regions is being watched for any shift in voter sentiment as politicians struggle to form a national government.More >>
    Voting in one of Italy's tiniest regions is being watched for any shift in voter sentiment as politicians struggle to form a national government.More >>
  • Russian lawyer questions why Mueller hasn't contacted her

    Russian lawyer questions why Mueller hasn't contacted her

    Sunday, April 22 2018 9:57 PM EDT2018-04-23 01:57:23 GMT
    (AP Photo/Dmitry Serebryakov). Russian lawyer Natalia Veselnitskaya speaks during an interview with The Associated Press in Moscow, Russia, Sunday, April 22, 2018. Veselnitskaya who discussed sanctions with Donald Trump Jr. in New York during the 2016 ...(AP Photo/Dmitry Serebryakov). Russian lawyer Natalia Veselnitskaya speaks during an interview with The Associated Press in Moscow, Russia, Sunday, April 22, 2018. Veselnitskaya who discussed sanctions with Donald Trump Jr. in New York during the 2016 ...
    A Russian lawyer who discussed sanctions with Donald Trump Jr. in New York during the 2016 U.S. election campaign says that she has not been contacted by special counsel Robert Mueller and suspected that he was not...More >>
    A Russian lawyer who discussed sanctions with Donald Trump Jr. in New York during the 2016 U.S. election campaign says that she has not been contacted by special counsel Robert Mueller and suspected that he was not interested in getting to the truth.More >>
  • Macron to push Trump on Iran deal, says there's no 'Plan B'

    Macron to push Trump on Iran deal, says there's no 'Plan B'

    Sunday, April 22 2018 9:57 PM EDT2018-04-23 01:57:20 GMT
    French President Emmanuel Macron is urging U.S. President Donald Trump to stick with the Iranian nuclear accord, arguing that there's no "Plan B".More >>
    French President Emmanuel Macron is urging U.S. President Donald Trump to stick with the Iranian nuclear accord, arguing that there's no "Plan B".More >>
Powered by Frankly
News On 6
303 N. Boston Ave.
Tulsa, OK 74103
Newson6.com is proud to provide Oklahomans with timely and relevant news and information, sharing the stories, pictures and loves of Oklahomans across our great state.
All content © Copyright 2000 - 2018 KOTV. Oklahoma Traveler™ is a registered trademark of Griffin Communications. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.