DE HB237

Creates a 30% transferable tax credit for qualified production activities in Delaware's film, television, esports, and videogame industries, with credits applicable against state income or bank franchise taxes

Requires qualified companies to have at least $500,000 in qualified expenditures during the tax year to be eligible, with credits transferable, sellable, or assignable to other parties

Caps total annual tax credit awards at $25,000,000 per fiscal year

Mandates that qualified companies provide internship opportunities for Delaware residents and submit to a full audit of expenditures before credits are awarded

Establishes the Delaware Motion Picture and Television Development Commission to administer the program, with biennial reporting requirements on economic impact, employment, and credits issued beginning 2 years after the act takes effect on July 1, 2026