Digital Product and Motion Picture Industry Development Act of 2009
On April 3rd, Governor Mike Beebe signed into law the Digital Product and Motion Picture Industry Development Act of 2009, creating a 15 percent rebate on all qualified production expenditures in Arkansas. An additional payroll rebate of 10 percent will be granted for certain cast members and technical crew in the production who are full-time residents of Arkansas.
In order to qualify for this new incentive, a production company must spend at least fifty thousand dollars within six months in connection with one project. The incentive includes commercial productions.
For more information, Gary Newton, CCE (Executive Vice President; Commissioner, Little Rock Film Commission), 501.377.6007.