MS HB839

Increases the payroll cap for motion picture production company rebates from $1,000,000 to $5,000,000 under the Mississippi Motion Picture Incentive Act.

Authorizes an additional 5% rebate on payroll for employees who are honorably discharged veterans of the United States Armed Forces with wages subject to Mississippi income tax withholding.

Increases the maximum total rebates a motion picture production company may receive per project from $8,000,000 to $10,000,000.

Extends the application deadline for rebates under subsection (1)(b) from July 1, 2014 to July 1, 2016.

Maintains existing 25% rebate for non-resident employee payroll and 30% rebate for resident employee payroll, subject to the new $5,000,000 cap.