MS HB784

Increases the payroll cap for motion picture production company rebates from $1,000,000 to $5,000,000 for both non-resident and resident employees.

Authorizes a new 5% rebate for payroll paid to honorably discharged veterans of the United States Armed Forces whose wages are subject to Mississippi income tax withholding.

Increases the maximum total rebates per motion picture project from $8,000,000 to $10,000,000.

Maintains the annual fiscal year cap on all motion picture rebates at $20,000,000.

Removes the July 1, 2014 expiration date for applications under the non-resident employee rebate provisions.