§ 15-4-2001. Short title

This subchapter may be referred to and cited as the “Digital Product and Motion Picture Industry Development Act of 2009”.

§ 15-4-2002. Legislative intent

It is the intent of the General Assembly to assist in cultivating the film industry by: (1) Providing the citizens of Arkansas with the education, training, and financial tools to succeed in today’s global economy. The economic landscape of the state and the nation has moved from a manufacturing-based economy to one based on knowledge […]

§ 15-4-2003. Definitions

As used in this subchapter: (1) “Application for rebate” means the document required by the Film Office to begin the process for obtaining a rebate under this subchapter; (2) (A) “Below-the-line employees” means employees involved with the production of a motion picture production, including without limitation: (i) Casting assistants; (ii) Costume design; (iii) Gaffers; (iv) […]

§ 15-4-2004. Requirement for registration

(a) A production company that plans to operate within the borders of Arkansas shall register with the Film Office before beginning operations. (b) (1) Upon registration and signing a financial incentive agreement, the production company shall include the name of Arkansas in the credits. (2) The Director of the Arkansas Economic Development Commission may waive […]

§ 15-4-2005. Production rebate

(a) (1) The Director of the Arkansas Economic Development Commission may offer to a production company that has submitted an application under § 15-4-2007 a rebate of up to twenty percent (20%) on all qualified production costs in connection with the production of a state-certified film project. (2) If the director approves a project for […]

§ 15-4-2006. Postproduction rebate

(a) (1) The Director of the Arkansas Economic Development Commission may offer to a qualifying production company that has submitted an application under § 15-4-2007 a rebate of up to twenty percent (20%) on all qualified production costs in connection with the postproduction of a state-certified film project. (2) If the director approves a project […]

§ 15-4-2007. Application for rebate

(a) (1) To apply for the rebates provided under this subchapter, a production company shall submit an application and provide an estimate of total expenditures to be made in Arkansas in connection with the production. (2) The application and estimate of expenditures required under subdivision (a)(1) of this section shall be filed with the Arkansas […]

§ 15-4-2008. Disbursement of rebate incentive

(a) The Revenue Division of the Department of Finance and Administration shall upon receipt of an application for a rebate, including a proof of performance expenditure report from the Film Office: (1) Calculate the total expenditures of the relevant production company for which there are documented receipts for funds expended in the state; (2) Calculate […]

§ 15-4-2009. Penalties

(a) A production company that intends to apply for the rebate and does not register as required by § 15-4-2004 may be enjoined from engaging in production activities in the state by any court of competent jurisdiction until the production company has registered. (b) A production company that intends to apply for the rebate incentives […]

§ 15-4-2010. Rules

The Arkansas Economic Development Commission shall promulgate appropriate rules to carry out the intent and purposes of this subchapter and to prevent abuse.

§ 15-4-2011. Sunset

The opportunity for a rebate provided by this subchapter shall expire on June 30, 2029.