Provide for increase in total MEDIA act film tax credits

This bill increases the annual limit on Montana film production tax credits from $12 million to $350 million, allowing more movie and TV projects to qualify for state tax incentives. The change directly affects film production companies and other businesses seeking tax credits under the Montana Economic Development Industry Advancement Act. The bill also maintains a first-come, first-served allocation system and requires state departments to publicly post available credit amounts online. If a project misses the annual limit, it can apply for credits in the following year without extending the standard carry-forward period for unused credits. The legislation takes effect immediately upon passage and applies to income tax years beginning after December 31, 2024.