Production Incentives for Kentucky Based Production Companies
Secondary Incentives
Hold on set!
Incentive Type:
Qualifying Production Types
Animation, Documentaries, Music Videos, Game Shows, Reality TV, Industrials, Scripted TV, Broadway, Interactive, Feature Film
Sunset Date
None
Wrapbook's Rule to Remember
You must show proof that you are a Kentucky based company to take advantage of this program.
Basic Incentive Information
- Spend30-35%
- Above the Line Residents35%
- Above the Line Non-Residents30%
- Below the Line Residents35%
- Below the Line Non-Residents30%
- Minimum Spend$125,000
- Funding Cap$75,000,000
- Project Cap$10,000,000
- Loan Out RegistrationYes
- Loan Out Withholding4%
- CPA Audit RequiredYes
- Screen Credit RequiredYes
In order to get the maximum return listed in ranges, check out Additional Bonuses.
Project Criteria
In order to be considered Kentucky-based, a company must have its principal location of business in Kentucky or no less than 50% of its property and payroll located in Kentucky.
Contact the film office for more details.
Additional Bonuses
Contact the film office for more details.
How to Apply
The Kentucky Film Office may require that the approved company pay an administrative fee of $500 or 0.5% of the estimated amount of the tax incentive, whichever amount is greater (no ceiling).
The application fee can range from $250-$1000 based on budget size.
Applicants must also pay legal fees ranging from $1,000-$5,000 depending on the complexity of the contract with the state.
All fees must be paid at the time of filing the application.
The application is decided on by the Kentucky Economic Development Finance
Authority (KEDFA), which meets on the last Thursday of each month, with the exception of November and December.
45 days prior to the KEDFA meeting, applicants should reach out to KEDFA staff to discuss eligibility. If the project is eligible, staff members will provide the project with an application.
The application must be submitted one month before the next KEDFA meeting. KEDFA will decide at the meeting whether to approve the project.
Once KEDFA approves, the project must have a Kentucky expense within 6 months of approval and must be completed within 2 years of approval.
At least 30 days before incurring costs, the project must submit a tax incentives application and supportive documents.
Contact the film office for more details.
Additional Information
Loan outs must either withhold or pay a calculated amount.
Contact the film office for more details.
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Disclaimer
At Wrapbook, we pride ourselves on providing outstanding free resources to producers and their crews, but this page is for informational purposes only as of the date above. The content on our website is not intended to provide and should not be relied on for legal, accounting, or tax advice. You should consult with your own legal, accounting, or tax advisors to determine how this general information may apply to your specific circumstances.