AN ACT relating to the entertainment industry.

Amend KRS 141.383 and 154.61-020 to allow that any unallocated portion of the $75 million credit cap be carried forward for utilization in subsequent calendar years for high-impact motion pictures or entertainment productions; amend KRS 154.12-280 to require the Kentucky Film Office to review applications, notify applicants of additional information needed, and forward applications to the Cabinet for Economic Development and the Kentucky Film Leadership Council; amend KRS 154.12-282 to update functions and purposes of…

Economic Development State Agencies Taxation Taxation, Income--Corporate Taxation, Income--Individual Tourism

Introduced: March 2, 2026

Last action: April 23, 2026

(Acts Ch. 194)

In effect since July 15, 2026

Acts from the 2026 Regular Session that don't carry an emergency clause or set their own effective date took effect 90 days after the session adjourned (Ky. Constitution § 55).

Read the full text Kentucky Legislature LegiScan

AI-generated — always verify with primary sources

Plain-language summary

Beta

This law updates Kentucky's tax incentive program for film and entertainment productions. It expands the types of projects that can qualify for credits to include video games, music videos, and commercials, and allows any unused portion of the $75 million annual credit cap to roll over into future years. It also raises the minimum spending requirements companies must meet to qualify and adds new steps for the application and audit process. Who it may affect: entertainment and film production companies seeking to operate in Kentucky, and state agencies that administer the incentive program.

Open official bill text (PDF)·Report a problem with the summary