Missouri wants to attract Hollywood back to the Show Me State. The Missouri Legislature has passed tax credits for the film and music industries.
The bill would provide a tax credit equal to 20% of qualifying film production expenses. An additional 5% may be awarded for each of the following conditions if they are met:
1. At least 50% of the qualified film production project is filmed in Missouri;
2. At least 15% of the project takes place in a rural or blighted area;
3. At least three departments of the production hire a Missouri resident ready to advance to the next level in a specialized craft position or learn a new skillset;
4. The Department of Economic Development determines that the script for such project positively markets a city or region of the state, the entire state, or a tourist attraction located in the state, and the production provides certain advertising materials. See more.
