Reel In OK : Millions in Film Rebates
The Sooner State sets up impressive incentives for production thanks to the expansion of the Filmed in Oklahoma Act (FIOA).
Since the enactment of the FIOA 2021, incentivized spending tied to rebates surged to 5 times the previous levels. From $31.8 million in 2020, incentivized spending in Oklahoma’s film industry soared to an average of $167.8 million each of the past 4 years.
Over the past 3 fiscal years, Oklahoma granted TV and film incentives to 76 entities totally $78 million.
Of the spending qualified for FIOA incentives, roughly 60% funded labor income while the remaining 40% funded the direct purchase of goods and services.
With locations in both Burbank and Oklahoma City, connect with us to chat more about film and TV in OK.
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