MS HB704

Establishes a rebate program for production companies that produce nationally distributed television series with at least two episodes made in Mississippi, including traditional broadcast, streaming, and DVD releases.

Provides a 25% rebate on base investment (minimum $50,000 required) plus 20% rebate on non-resident payroll and fringes, 35% rebate on resident payroll and fringes, and an additional 5% rebate for honorably discharged veterans, with a $3,000,000 per-employee payroll cap.

Caps total rebates at $10,000,000 per fiscal year for television series productions.

Prohibits using the same base investment, payroll, or fringes to qualify for rebates under both this act and the existing Mississippi Motion Picture Incentive Act.

Amends Section 57-89-7 to add cross-reference provisions ensuring movie productions and television series productions maintain separate rebate eligibility, with motion pictures capped at $20,000,000 annually and $10,000,000 per project.