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House Bill 1070

Introduced House Bill (H)

DIGEST

Film and media production rebate. Authorizes the Indiana economic development corporation (IEDC) to approve and issue a film and media production expenditure rebate (rebate) to a qualified applicant that proposes to make a qualified production expenditure of at least $500,000 in Indiana. Requires the IEDC to enter into an agreement with a qualified applicant for the rebate, and specifies the terms that must be in the agreement. Establishes the criteria for approving a rebate and the procedures for claiming a rebate. Provides that the IEDC may not issue a rebate to a qualified applicant after December 31, 2025. Film and media production rebate. Authorizes the Indiana economic development corporation (IEDC) to approve and issue a film and media production expenditure rebate (rebate) to a qualified applicant that proposes to make a qualified production expenditure of at least $500,000 in Indiana. Requires the IEDC to enter into an agreement with a qualified applicant for the rebate, and specifies the terms that must be in the agreement. Establishes the criteria for approving a rebate and the procedures for claiming a rebate. Provides that the IEDC may not issue a rebate to a qualified applicant after December 31, 2025.