Kansas 2023-2024 Regular Session

Kansas Senate Bill SB91

Introduced

1/24/23

Refer

1/25/23

Report Pass

2/17/23

Engrossed

3/1/23

Refer

3/1/23

Report Pass

3/20/23

Failed

4/30/24

Caption

Impact

The legislation has significant implications for state laws as it amends existing tax statutes related to film and media production. Specifically, it creates designated funds within the state treasury to finance workforce training and business investments aimed at elevating the local film industry. Furthermore, the bill mandates annual reporting requirements from the secretary of commerce to monitor the effectiveness of the programs and gauge their impact on the local economy. Critics and proponents of the bill view it through different lenses; while supporters hail it as a necessary step toward nurturing local talent and attracting investments, skeptics express concern over long-term sustainability and the potential for inefficiencies in administering such funds.

Summary

Senate Bill 91, known as the Kansas Film and Digital Media Production Development Act, is designed to stimulate the economic growth of the film, video, and digital media production industry in Kansas. The bill establishes a framework for providing tax incentives, including income tax credits and sales tax exemptions for production companies engaged in certified projects. The goal of the bill is to foster a robust industry ecosystem that not only attracts but retains film production projects within the state. To this end, various support programs are outlined that aim to boost workforce training and direct investments in Kansas-based businesses related to the film and digital media industry.

Contention

One notable point of contention surrounding SB 91 is its projected economic impact against the backdrop of state budget constraints. Even though the supporters advocate for the job creation and economic stimulation aspects, concerns have been raised regarding the accountability and transparency of the funds allocated under the act. Also, doubts persist about the effectiveness of tax incentives in truly captivating high-quality productions that can yield lasting benefits for Kansas. As the program is set to phase out income tax credits and sales exemptions post-2032, there are discussions on how to balance immediate economic benefits against sustainable long-term growth for Kansas's film industry.

Latest SB91 Activity

Companion Bills

No companion bills found.

Previously Filed As

KS HB2182

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

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 HB06929

An Act Concerning The Film And Digital Media Production Tax Credits.

KS SB605

Relating to incentives for the film, television, video, and digital interactive media production industries.

KS HB873

Relating to incentives for the film, television, video, and digital interactive media production industries.

KS SB1495

Relating To The Motion Picture, Digital Media, And Film Production Income Tax Credit.

KS SB1495

Relating To The Motion Picture, Digital Media, And Film Production Income Tax Credit.

KS A4459

Revises film and digital media content production tax credit program to allow certain production expenses to be eligible for tax credits.

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 HB2182

KS HB2097

KS SB52

KS HB2038

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 SB159

Creating the Kansas rural grocery store development incentive act to provide tax incentives for the development of grocery businesses in rural areas of the state.