63N-8-105. Annual report -- Review by interim committee.

223 words·~1 min read·/ut/title-63n/chapter-8/63n-8-105

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Effective 5/1/2024

(1)The office shall include the following information in the annual written report described in Section 63N-1a-306 :

(a)the office's success in attracting within-the-state production of television series, made-for-television movies, and motion pictures, including feature films and independent films;

(b)the amount of incentive commitments made by the office under this part and the period of time over which the incentives will be paid;

(c)the economic impact on the state related to:

(i)dollars left in the state; and

(ii)providing motion picture incentives under this part; and

(d)any recommendations for legislative changes to the motion picture incentives available only for rural productions under Subsection 63N-8-103 (3)(c).

(a)Beginning in 2025, and every two years thereafter, the Economic Development and Workforce Services Interim Committee shall conduct a review of the motion picture incentives available only for rural productions under Subsection 63N-8-103 (3)(c).

(b)In a review under this Subsection (2), the Economic Development and Workforce Services Interim Committee shall:

(i)study any recommendations provided by the office under Subsection (1)(d); and

(ii)if the Economic Development and Workforce Services Interim Committee decides to recommend legislative action to the Legislature, prepare legislation for consideration by the Legislature in the next general session.

Amended by Chapter 540 , 2024 General Session