HB 1328 Summary

• Allows qualified film and digital media productions to provide alternative marketing opportunities approved by the Department of Business, Economic Development, and Tourism instead of requiring a shared-card, end-title screen credit.

• Reduces the maximum tax credit per qualified production from $15,000,000 to $12,500,000.

• Increases the annual aggregate cap on total tax credits allowed from $35,000,000 to $55,000,000, with excess applications carried forward to subsequent years through December 31, 2025.

• Requires the Department of Business, Economic Development, and Tourism to report to the legislature on approved alternative marketing opportunities, their justification, and which production companies chose the traditional end-title screen credit instead.

• Effective July 1, 2112.