Bill > HB2058

This bill modifies the "Show MO Act" tax credit program for motion media production projects in Missouri, establishing a comprehensive framework for tax incentives to attract film and media production to the state. The bill defines a "qualified motion media production project" as any film, series, video, commercial, or other media production under 30 minutes with qualifying expenses over $50,000, or over 30 minutes with expenses over $100,000, while excluding certain types of productions like news programs, sports events, and political ads. The tax credit starts at 20% of qualifying expenses, with potential additional 5% credits for meeting specific criteria such as filming at least 50% in Missouri, filming in rural or blighted areas, hiring local talent, and positively marketing the state. The bill requires productions to employ a minimum number of Missouri registered apprentices or veterans based on their total qualifying expenses. The total tax credit amount is capped at $8 million per year for film and series production through 2026, increasing to $16 million per year starting in 2027. Taxpayers can carry forward unused credits for up to five tax periods and can sell or transfer these credits. The program is set to automatically sunset on December 31, 2035, unless reauthorized, and will terminate earlier if all other state and local governments in the U.S. end similar film production incentive programs.

Business and Industry

https://house.mo.gov/Bill.aspx?bill=HB2058&year=2026&code=R