An Act to Promote Film Production in Maine revises tax credit and reimbursement rules for visual media productions.
The bill repeals the certified visual media production tax credit and modifies the visual media production reimbursement rules. It increases reimbursement rates and introduces limits on reimbursements. It redefines terms such as "principal photography," "loan-out company," and "on-screen credit." The bill also mandates that visual media productions display an "FILMED ON LOCATION IN MAINE" acknowledgment with an approved state logo. It requires visual media production companies to report compliance with certification requirements and submit a projected production schedule.
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- Core Provisions
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- Legal Framework
- Critical Issues
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