OAR 951-003-0000: Purpose

(1) These rules specify the procedures for Oregon Film and Video Office certification of tax credits arising from contributions to the Oregon Production Investment Fund, as authorized by ORS 315.514. (2) The Oregon Production Investment Fund tax credits were authorized by the 2003 legislature to: (a) Encourage taxpayers to make contributions to the Oregon Production Investment Fund by providing a financial return for qualified contributions. (b) Encourage film and television production in Oregon by providing incentives in the form of production spending rebates, from the Oregon Production Investment Fund, to qualifying productions. (c) Strengthen Oregon’s film and video industry infrastructure by bringing in more production spending to this sector of the economy.