LD 1607
pg. 2
Page 1 of 4 An Act To Provide Incentives for Maine Film Production Page 3 of 4
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LR 1365
Item 1

 
3.__Requirements for media production certificate.__Applications
for a media production certificate must be made on a form
prescribed and furnished by the department.__The applicant must
provide:

 
A.__The names of and contact information for the principals
involved in the media production;

 
B.__A certificate of insurance for the production;

 
C.__Financial information that demonstrates that the media
production is economically sound and that at least $250,000
will be expended in Maine on the media production during a
period of 12 consecutive months;

 
D.__Data demonstrating that the media production will
benefit the people of the State by increasing opportunities
for employment and will strengthen the economy of the State;

 
E.__Evidence that the media production company is not owned
by, affiliated with or controlled by, in whole or in part, a
person that is in default on a loan made by the State or a
loan guaranteed by the State; and

 
F.__Any other information required by the department.

 
To qualify for a media production certificate, the media
production company must demonstrate to the satisfaction of the
commissioner that the media production company has met, or will
meet, the expectations and requirements under paragraphs B, C, D
and E.__If the department determines that the applicant does not
qualify for a media production certificate, it shall inform the
applicant of that determination in writing within 4 weeks of
receiving the application.__As soon as practicable, the
department shall issue a media production certificate for a media
production that qualifies.__The department shall include with the
certificate information regarding qualification for a tax
reimbursement certificate pursuant to subsection 4 and procedures
for claiming reimbursement under Title 36, chapter 919-A.

 
4.__Tax reimbursement certificate.__Within 4 weeks of
completion of a certified media production, the media production
company shall confirm its compliance with the requirements of
subsection 3 with respect to the certified media production.__
Upon determining compliance by the media production company, the
department shall issue to the company a tax reimbursement
certificate.__The tax reimbursement certificate entitles the
media production company to claim the reimbursement provided by
Title 36, chapter 919-A.


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