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. The program aims to provide financial support to eligible Pennsylvania film producers for costs associated with film production, such as site preparation, hiring crew members, and other related expenses.

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 includes a repeal of Section 1716-D(e) of the Tax Reform Code of 1971, which is deemed necessary to implement the new grant program. The act is set to take effect 60 days after its passage.