§ 15-4-2006 - Postproduction rebate.
15-4-2006. Postproduction rebate.
(a) (1) A qualifying production company, upon approval of the application by the Arkansas Economic Development Commission, shall be eligible for a rebate of fifteen percent (15%), with no cap per production, on all qualified production costs in connection with the postproduction of a state-certified film project.
(2) An additional rebate of ten percent (10%) will be granted for the payroll of below-the-line employees who are full-time residents of Arkansas.
(b) To qualify for this rebate, a production company must spend at least fifty thousand dollars ($50,000) within a six-month period in connection with the production of one (1) project.