HB 1315 — Film and media tax incentive.

1 sponsors · 3 co-sponsors · 146 not signed on

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Frequently asked questions

What does HB 1315 do?

Creates a film and media tax incentive under the venture capital investment tax credit provision. Adds organizations engaged in the business of making qualified media productions in Indiana to the definition of "qualified Indiana business" for purposes of the venture capital investment tax credit. Defines "qualified media production" and "qualified production expenditure" for purposes of the venture capital investment tax credit. Provides that credits allowed under the venture capital investment tax credit are transferrable among qualified businesses. Requires the Indiana destination development corporation (corporation) to conduct an economic impact study on a production being produced in a neighboring state with media production incentives. Requires the corporation to establish a pilot program and select a film or television project that features an Indiana based story set at an Indiana specific setting. Provides an enhanced tax credit for the pilot participant, provided the participant begins production of the project within one year of selection. Encourages the corporation to cooperate with the Indiana economic development corporation to establish a permanent multiyear film and media production program, to be known as "Film Indiana", and to employ a film commissioner and necessary staff in the Film Indiana program, and requires, when necessary, the film commissioner to: (1) work with the Indiana economic development corporation to develop a plan to attract the needed components to build the infrastructure for a film and media production industry in the state of Indiana; and (2) work with the department of workforce development and Indiana film and media schools to create a workforce development plan to include training for film and media professionals and internship opportunities for students attending film and media schools within Indiana. Requires the film commissioner to report on the plans to the Indiana economic development corporation and the corporation by December 1, 2022. Requires the Indiana economic development corporation to expand the venture capital investment tax credit so as to establish a permanent multiyear film and media production incentive. Requires an applicant for the tax credit to agree to various requirements surrounding the production.

Who sponsors HB 1315?

HB 1315 is sponsored by Robert Morris (Republican), Matt Lehman (Republican), Peggy Mayfield (Republican), and Beau Baird (Republican).

What is the current status of HB 1315?

This bill died with 2022 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

Where can I track HB 1315?

Track HB 1315 free on One Click Politics — get push/email alerts when it moves.