The low-budget agreement applies to films shot entirely in the United States, with a total budget of less than $2,000,000, but more than $700,000 planned for the first theatrical release. The agreement must be executed by performers at least three weeks before any work. All categories are subject to the existing basic agreement and the television broadcasting agreement. As part of the television agreement, actors and background actors are covered for their work on the shows that signed the SAG-AFTRA television agreement. As part of the television agreement, there is a required quota of 21 substantive actors, and for all non-union actors who are hired, and the 22nd and over productions of substantive actors should submit the corresponding report by Tft Hartley, accompanied by a headshot and a CV. When a company becomes a signatory, it accepts the working conditions of professionals represented, protected and conservative under basic contracts. These include the diversity of casting incentives under this agreement. SAG-AFTRA offers a casting incentive for low-budget filmmakers who can increase the entire range of theatrical agreements, which would increase prices, and other payments that a low-budget film might not afford. For more information on what is qualified for diversity, see Section 3 (a) of the Low Budget Agreement. Under this agreement, the signatories are contractually obliged to cooperate with the main players of SAG-AFTRA and up to a maximum of 30 people for the background.
SAG-AFTRA TELEVISION agreements are based on content type, media and, in some cases, budget. For example, programs that go directly to a streaming service (such as Netflix) and have a budget of less than one million can be covered by the new media agreement, but for all programs on that budget – even if they go directly to streaming – the SAG-AFTRA TV contract applies. SAG-AFTRA divides TV contracts into four categories: once these points are adopted, a collective agreement is concluded and the employer and the union are required to respect this agreement. Hence the system that the industry has for collaboration with SAG-AFTRA members. SAG-AFTRA members can only work on a project if the studio, production company or producer has signed the corresponding SAG-AFTRA agreement.