This bill amends the act of January 25, 1966, which established the Commonwealth of Pennsylvania Council on the Arts, by introducing the Pennsylvania Film Producer Grant Program. The new section, designated as Section 5.1, outlines the establishment of this grant program, which will be administered by the council. The council is tasked with developing criteria for the program, including application processes, grant disbursement, and management of records. Eligible Pennsylvania film producers can apply for grants to cover costs related to site preparation, hiring crew members, and other expenses associated with film production within the state.

Additionally, the bill establishes the Pennsylvania Film Producer Grant Program Account as a restricted account within the General Fund, ensuring that funds appropriated for the program are continuously available for grant awards. It also specifies that any unspent funds at the end of the fiscal year will revert to the General Fund. The bill repeals a specific provision of the Tax Reform Code of 1971 to facilitate the implementation of the new grant program. The act is set to take effect 60 days after its passage.