The Ohio Department of Development today rolled out Ohio's new Motion Picture Tax Credit along with a new Web site that provides a one-stop resource for production in Ohio.

Ohio's Motion Picture Tax Credit provides for a refundable credit against the corporation franchise or income tax for motion pictures produced in Ohio. The term "motion pictures" is broadly defined and can include an array of media including feature-length films, documentaries, digital media, video games, commercials, music videos and more.

"The Motion Picture Tax Credit was created to further encourage and develop a strong film industry in Ohio," said Interim Ohio Development Department Director Lisa Patt-McDaniel. "This tax credit is responsive to the needs of Ohio's film production industry to help incentivize producers and companies to do business in Ohio while at the same time being fiscally responsible with Ohio's budget."

Up to $5 million in credits will be available per production with a total of $10 million in credits available in fiscal year 2010 and $20 million available in fiscal year 2011 (total of $30 million for the biennium). Additional information on the Motion Picture Tax Credit is located at DiscoverOhioFilm.com along with links to: the Ohio Film Tax Credit Application, registration to receive tax credit email updates, and the tax credit legislation.

"We are enthusiastic that Ohio's new film tax incentive will help create a vibrant environment conducive to attracting new productions and creating jobs across our state." said Assistant State Tourism Director Alicia Reece who is serving as Interim Ohio Film Office Director. "In addition to the tax credit, our new Ohio Film Office Web site, DiscoverOhioFilm.com, will allow us to showcase our state's talented crew members and outstanding variety of locations."