The state has a $300,000 minimum qualified spend.

Projects must show documentation of financial ability to undertake and complete the project in order to be allowed in the program.

Prior to production starting, a company must register and complete an online application.  The application packet must include:
-Signed, completed application form
-Signed tax disclosure form
-Production budget
-Shooting script and script synopsis
-Documentation of financial ability to undertake and complete the project
-Trade secret information summary and justification (if applicable).

Ohio requires a nonrefundable application fee in an amount equal to 0.5% of the estimated value of the tax credit, up to a maximum of $10,000. The fee is due within 45 days of receipt of the invoice and notice of the Director of Development's certification of the project.

Productions must begin within 90 days of being determined eligible for the credit.

Ohio is NOT a first-come, first-served credit; credits are awarded based on economic impact.

Applications will be reviewed and awarded in two rounds annually. The first round is to be completed by July 31st of each year and the second is to be completed by January 31st of each year. Each round will award a certain amount of the annual allocation plus any rollover amounts from the preceding period.

In the case of a television series, the Director of Development may certify the production of each episode of the series as a separate tax credit-eligible production.

Starting July 1, 2024, the annual funding cap will be raised to $75,000,000.