FL S7212

Expands the definition of "digital media project" to include digital animation and visual effects such as three-dimensional movie productions and movie conversions.

Eliminates caps on tax credits for high-impact television series and digital media productions, and removes restrictions that previously limited television series eligibility when they exceeded 25 percent of total certified credits.

Establishes priority queuing for uncertified tax credits by giving first priority to high-impact television series and high-impact digital media projects (defined as having qualified expenditures greater than $4.5 million), with alternating priority between the two categories based on application receipt order.

Reduces the required percentage of principal photography or qualified expenditures occurring in underutilized regions or at qualified production facilities from 50-85 percent to 25 percent to qualify for additional tax credits.

Provides that high-impact television series that are off-season certified productions cannot be disqualified from additional tax credits due to disruptions caused by hurricanes or tropical storms.