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Oklahoma’s Hefty Incentive a Major Magnet for Film and TV Producers

Variety logo Variety 12/16/2016 Variety Staff
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In addition to its 12 distinctive eco-regions, multiple state parks and forests, city skylines, and little-known high concentration of art deco architecture, the Sooner State happens to provide one of the nation’s most competitive incentive programs, which offers a hefty cash rebate of up to 37% on qualified spend.

The basic rebate is 35%, with 2% extra when Oklahoma music and/or recording resources are used in a production.

Oklahoma offers the rebates on all resident above-the-line and below-the-line labor, as well as above-the-line resident loan-outs.

To qualify, projects must spend a minimum of $25,000 in the state, and the overall budget has to be $50,000 or higher. Admittedly, these are not very high bars, and there is no project or compensation cap.

Additionally, no more than 25% of the total Oklahoma expenditures can be comprised of qualifying above-the-line payments.

Many productions that travel to Oklahoma aim to capture the look and the spirit of the raw American frontier. A surprising number of films have been shot entirely or partially in the state over the past few years. Highlights include “Wildlife” (2017), “I Can Only Imagine” (2017), “American Gods” (2017 TV series), “American Honey” (2016), “Rudderless” (2014), “August: Osage County” (2013), “So This Is Christmas” (2013), “To the Wonder” (2012), and “The Killer Inside Me” (2010).

Information courtesy of EP Financial Solutions, a production incentive consulting and financial services company.

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