Allowing a qualified film production entity to claim a credit against
the State income tax for costs incurred for film production
activities; repealing the Film Production Rebate Program; requiring
the Department of Business and Economic Development to administer the
credit; requiring that to be eligible for the rebate, the film
production company incur total direct costs exceeding $500,000;
providing that the total direct costs may not include individual wages
that exceed $500,000; terminating the Act on July 1, 2014; etc.
