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Mandate Details

Description: Report detailing the following: (1) the amount of film production credit certifications issued annually; (2) the number of applications submitted, the number of allocation certificates issued, the amount of allocation certificates issued, the number of reports submitted upon completion of a project, and the number of credit certificates issued; (3) the types of projects eligible for the credit; (4) the total economic impact of the credit in Minnesota; (5) the number of taxpayers per tax type who are assignees of credit certificates; (6) annual Minnesota taxes paid by businesses in the motion picture and video production industry; and (7) any other information the Minn. Dept. of Revenue, in consultation with the Minn. Dept. of Employment and Economic Development, deems necessary for purposes of claiming and administering the credit.
Law: 2021 Minn. Laws 1st Spl. Sess. Chap. 14 Art. 1 Sec. 3
Statute: 116U.27 Subd. 5
Agency(ies)/Supplier(s): Minn. Dept. of Revenue
Due Date: 01/15/2025
Frequency: One time
Subjects: Arts
Taxation - State Tax Policy-MN Only
Committee/Agency Jurisdiction: Economic Development/Growth
Taxes
Note: In consultation with the Minn. Dept. of Employment and Economic Development

Item(s) Received

TitlePublisher(s)Publication DateCoverageDate ReceivedReport Link
Film Production Credit Report Minn. Dept. of Revenue January 17, 2025Tax Year 2021 - Tax Year 202401/22/2025 25-0211.pdf