Oklahoma extends $5M film rebate program

"August: Osage County," a film nominated for two Oscars, benefited from the Oklahoma rebate program.

Oklahoma City (AP) — A bill to extend a $5 million annual film rebate program through 2024 was signed into law on Wednesday.

The Governor signed the “Compete with Canada Film Act” to extend the program that was used to help lure the production of last year's August: Osage County to Oklahoma.

Under the program, the state provides rebates to filmmakers of $1 for every $3 they spend on movie productions in Oklahoma, up to a total of $5 million annually. The $5 million cap has been reached in each of the past three years.

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The Gayly – April 3, 2014 @ 2:50pm