Section 41.155. Film production tax credits.

 

(1)  The department shall implement a program to accredit productions for purposes of ss. 71.07 (5f) and (5h) , 71.28 (5f) and (5h) , and 71.47 (5f) and (5h) . Application for accreditation shall be made to the department in each taxable year for which accreditation is desired.

(2)  If the department accredits a production under sub. (1) , the department shall determine the amount of the production's production expenditures, as defined in s. 71.07 (5f) (a) 3.

(3)  The department shall notify the department of revenue of every production accredited under sub. (1) and the amount of the production's production expenditures.

(4)  The department of tourism, in consultation with the department of revenue, shall promulgate rules to administer this section.

2005 a. 483 ; 2011 a. 32 s. 3368 ; Stats. 2011 s. 41.155.