THE INCENTIVES PROGRAM - TIP

House Bill 5981 proposes to establish a cap of $50 million annually on the aggregate amount of tax credits allowed under the film production, entertainment industry infrastructure project and digital animation tax credit programs.

House Bill 3329 proposes to amend the Oregon Production Investment Fund Program by increasing the annual funding from $20 million to $28 million per fiscal year (7/1 – 6/30) beginning on or after July 1, 2025.

This act takes effect on the 91st day after the date on which the 2025 regular session of the Eighty-third Legislative Assembly adjourns sine die.