Section 3637 - Qualifications for maximum incentive amounts - Projects filmed in stateTo qualify for the maximum twenty percent (20%) base incentive payment authorized for Oklahoma production projects pursuant to subsection A of Section 5 of this act, the production project shall utilize the services of apprentices according to the following requirements:
1. For a production with expenditures of Seven Million Five Hundred Thousand Dollars ($7,500,000.00) or less, two (2) apprentices;2. For a production with expenditures greater than Seven Million Five Hundred Thousand Dollars ($7,500,000.00) and Fifteen Million Dollars ($15,000,000.00) or less, four (4) apprentices;3. For a production with expenditures greater than Fifteen Million Dollars ($15,000,000.00) and Twenty-five Million Dollars ($25,000,000.00) or less, eight (8) apprentices; and 4. For a production with expenditures greater than Twenty-five Million Dollars ($25,000,000.00), sixteen (16) apprentices.Okla. Stat. tit. 68, § 3637
Added by Laws 2021 , c. 516, s. 7, eff. 7/1/2021.