HB 113 is a bill in the Alaska House of Representatives that would reinstate a film production tax incentive program in Alaska. The bill is currently in the House Finance Committee of the 34th Legislature.
The bill proposes a transferable tax credit for qualified production expenditures incurred in Alaska. It covers a range of production types including feature films, television, commercials, and documentary productions. The credit is designed to attract out-of-state productions to Alaska and incentivize spending within the state.
Credit Structure
HB 113 proposes a percentage-based credit on qualified production expenditures. The credit applies to wages, vendor payments, and other production-related spending that occurs in Alaska.
Transferable Credits
As written, the credits are transferable, meaning productions can sell unused credits to Alaska corporations with state tax liability. This is the same mechanism used in the 2008-2015 program. For context on how this mechanism performed previously, see our history of Alaska's film incentive.
Qualified Expenditures
The bill defines qualified expenditures to include wages paid to both residents and non-residents, payments to Alaska vendors, equipment rentals, location fees, and other production-related costs incurred in the state.
HB 113 is in the House Finance Committee, which is where substantive amendments would be made before the bill moves to a floor vote. The legislative window for action is the current session. Any delay returns the question to the next biennium.
If HB 113 passes, productions shooting in Alaska would be able to claim tax credits against their qualified in-state expenditures. This would make Alaska more cost-competitive with incentive states like Georgia, New Mexico, and Oklahoma, as well as international destinations like Canada and Iceland.
However, the bill has not passed yet. Productions planning Alaska shoots in the near term should budget based on current conditions, which include no active incentive program but significant natural cost advantages: no state income tax, no statewide sales tax, competitive local crew rates, and direct domestic access to environments that otherwise require international travel.
Industry observers and policy analysts have identified structural similarities between HB 113 and the 2008-2015 program that was repealed. The transferable credit mechanism, the expenditure verification approach, and the lack of meaningful differentiation between resident and non-resident spending are all areas where the prior program faced documented failures.
A redesigned version of the bill that addresses these structural issues would have a significantly stronger chance of surviving both the legislative process and long-term political scrutiny. For a detailed analysis of what those structural fixes would look like, see our page on how Alaska's film incentive should work.
We provide complete production budgeting and audit-ready spend documentation for every production we support. If a credit program is enacted, our documentation will meet whatever verification standard the program requires. If it is not enacted, our budgeting and cost optimization services help productions maximize value in Alaska without relying on incentives.
For full production capabilities, see our Alaska production services overview or contact us to discuss your project.
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