Kansas 2023-2024 Regular Session

Kansas House Bill HB2182

Introduced
1/25/23  
Refer
1/25/23  

Caption

Enacting the Kansas film and digital media industry production development act, providing a tax credit, sales tax exemption and loans and grants to incentivize film, video and digital media production in Kansas and establishing a program to be administered by the secretary of commerce for the purpose of developing such production in Kansas.

Impact

The legislation introduces a structured framework for supporting the development of the film and digital media industry. By enabling tax incentives that can amount to 30% of qualified production expenditures and additional credits under specific conditions, the bill is designed to attract both local and out-of-state production companies. Furthermore, funding allocated to education and workforce training aims to prepare Kansas residents for jobs in these industries, thus fostering a skilled labor pool and enhancing local economic prospects.

Summary

House Bill 2182, also known as the Kansas Film and Digital Media Production Development Act, aims to stimulate the growth of the film and digital media industry within Kansas. The bill establishes various financial incentives, including income tax credits and sales tax exemptions for projects certified under the act. It seeks to position Kansas as a favorable environment for film and media productions, ultimately aiming to create jobs and bolster the local economy through strategic investments in this sector.

Contention

Despite its potential benefits, the bill faces scrutiny regarding its long-term fiscal implications. Critics are concerned that the substantial tax credits could result in significant revenue loss for the state. Observers caution about the careful monitoring and reporting processes outlined in the bill, as the transparency of grant distributions and tax incentives will be crucial in justifying the fiscal responsibility of the state and ensuring that the economic benefits outweigh the costs. The requirement for periodic reports to legislative committees aims to hold the program accountable and responsive to its intended objectives.

Companion Bills

No companion bills found.

Previously Filed As

KS HB2038

Enacting the Kansas film and digital media industry production development act, providing a tax credit and sales tax exemption to incentivize film, video and digital media production in Kansas, establishing a program to be administered by the secretary of commerce for the purpose of developing such production in Kansas and requiring the secretary of commerce to issue reports to the legislature regarding the program.

KS SB91

Enacting the Kansas film and digital media industry production development act, providing a tax credit, sales tax exemption and loans and grants to incentivize film, video and digital media production in Kansas, establishing a program to be administered by the secretary of commerce for the purpose of developing such production in Kansas and requiring the secretary of commerce to issue reports on the economic impact of the act.

KS SB52

Enacting the Kansas film and digital media industry production development act, providing a tax credit and sales tax exemption to incentivize film, video and digital media production in Kansas, establishing a program to be administered by the secretary of commerce for the purpose of developing such production in Kansas and requiring the secretary of commerce to issue reports to the legislature regarding the program.

KS HB2234

Increasing and changing the measure of the cost threshold when state construction projects require a negotiating committee and the selection of professional services from a list of qualified firms.

Similar Bills

KS HB2234

Increasing and changing the measure of the cost threshold when state construction projects require a negotiating committee and the selection of professional services from a list of qualified firms.

KS SB91

Enacting the Kansas film and digital media industry production development act, providing a tax credit, sales tax exemption and loans and grants to incentivize film, video and digital media production in Kansas, establishing a program to be administered by the secretary of commerce for the purpose of developing such production in Kansas and requiring the secretary of commerce to issue reports on the economic impact of the act.

KS HB2097

Enacting the Kansas film and digital media industry production development act, providing a tax credit, sales tax exemption and loans and grants to incentivize film, video and digital media production in Kansas, establishing a program to be administered by the secretary of commerce for the purpose of developing such production in Kansas, requiring the secretary of commerce to issue reports on the economic impact, providing sales tax exemptions for purchases by a certain community theaters and purchases and sales made by the friends of cedar crest association and establishing an income, privilege and premium tax credit for employers that employ members of the Kansas army and air national guard and establishing an income tax credit for employees that are members thereof.

KS SB52

Enacting the Kansas film and digital media industry production development act, providing a tax credit and sales tax exemption to incentivize film, video and digital media production in Kansas, establishing a program to be administered by the secretary of commerce for the purpose of developing such production in Kansas and requiring the secretary of commerce to issue reports to the legislature regarding the program.

KS HB2038

Enacting the Kansas film and digital media industry production development act, providing a tax credit and sales tax exemption to incentivize film, video and digital media production in Kansas, establishing a program to be administered by the secretary of commerce for the purpose of developing such production in Kansas and requiring the secretary of commerce to issue reports to the legislature regarding the program.

KS HB2744

Establishing the transformation of passenger and freight vehicle industry act program to attract businesses engaged in electric motor vehicle and hydrogen-powered vehicle production by offering qualified companies that meet certain requirements an investment tax credit, retention of a percentage of total payroll tax, reimbursement of a percentage of eligible employee training and education expenses and a sales tax exemption for construction costs of the qualified company's qualified business facility.

KS HB2465

Enacting the adoption savings account act allowing individuals to establish adoption savings accounts with certain financial institutions, providing eligible expenses, requirements and restrictions for such accounts and establishing addition and subtraction modifications for contributions to such accounts under the Kansas income tax act, increasing the income tax credit amount for adoption expenses, establishing an income, privilege and premium tax credit for contributions to eligible charitable organizations operating pregnancy centers or residential maternity facilities and providing for a sales tax exemption for purchases by pregnancy resource centers and residential maternity facilities.

KS HB2308

Enacting the aviation and innovative manufacturing in Kansas act to attract businesses establishing a headquarters or engaged in aircraft assembly, electric or hydrogen-powered motor vehicle production, and other specified industries to Kansas by offering companies meeting certain employment and investment requirements an investment tax credit, retention of a percentage of total payroll tax, reimbursement of eligible employee training and education expenses and a sales tax exemption for construction costs.