This bill requests the Regulation and Licensing Department to convene a task force aimed at studying and recommending a regulatory framework for the motion picture, television, and performing arts industries in New Mexico. The task force will focus on various industry-related services, including talent management, talent agents, and casting entities, to evaluate the need for regulation and oversight in employment procurement. The bill highlights the current lack of regulatory standards, which has led to confusion and potential exploitation within the industry.

The task force is mandated to include representatives from various stakeholders, such as the Screen Actors Guild, the New Mexico Film Division, and local film offices, as well as members from the state legislature. It is required to complete its report by November 1, 2026, and present its findings and recommendations by November 30, 2026, to key state officials and organizations. This initiative aims to promote transparency, fairness, and workforce protection while fostering growth in New Mexico's creative industries.