OK House Defeats Extension Of Movie Tax Credit - News9.com - Oklahoma City, OK - News, Weather, Video and Sports |

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

ESP Interactive

Featured

  • PoliticalMore>>

  • Pakistan parliament meets over political crisis

    Pakistan parliament meets over political crisis

    Tuesday, September 2 2014 4:31 AM EDT2014-09-02 08:31:49 GMT
    Pakistan's parliament has convened over the political crisis roiling the country as thousands of anti-government protesters remain camped out in front of the parliament building, demanding the resignation of...More >>
    Pakistan's lawmakers held an emergency session Tuesday over the political crisis roiling the country as thousands of anti-government protesters remained camped out in front of the parliament building, demanding Prime...More >>
  • Russia's gains cloud Obama's assurances to Baltics

    Russia's gains cloud Obama's assurances to Baltics

    Tuesday, September 2 2014 4:21 AM EDT2014-09-02 08:21:46 GMT
    President Barack Obama is traveling to Russia's backyard for the second time this year to assure nervous nations of his ironclad commitment to their security.More >>
    For the second time this year, President Barack Obama will travel to Russia's backyard to assure nervous nations of his ironclad commitment to their security. But his objectives will be clouded by the West's...More >>
  • Blackwater legacy: a faint memory of Nisoor Square

    Blackwater legacy: a faint memory of Nisoor Square

    Tuesday, September 2 2014 3:34 AM EDT2014-09-02 07:34:10 GMT
    The summer-long trial of four Blackwater security guards in the shootings of more than 30 Iraqis has been a grim retelling of lives snuffed out and the daily life-and-death decisions amid the chaos of war.More >>
    The summer-long trial of four Blackwater security guards in the shootings of more than 30 Iraqis has been a grim retelling of lives snuffed out and the daily life-and-death decisions amid the chaos of war.More >>
Powered by WorldNow
News 9
7401 N. Kelley Ave.
Oklahoma City, OK 73111
OKLAHOMA CITY'S OWN TM
Oklahoma's Own News9.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 including Oklahoma City's Own.
All content © Copyright 2000 - 2014, WorldNow and KWTV. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.