This bill repeals the law governing the certified visual media production tax credit. It increases reimbursements under the laws governing the visual media production reimbursement and places limits on those reimbursements. It changes the definition of "visual media production expense" and requires an applicant for a visual media production certificate to agree to withhold a percentage of payments made to an entity created to hire out the services of one individual.

Statutes affected:
Bill Text LD 1957, HP 1309: 5.13090, 36.191, 36.5219, 36.6901, 36.6902