Revises certain provisions of film and digital media content production tax credit program.

This bill revises New Jersey's film and digital media tax credit program, adjusting credit percentages for three producer categories: 35-40% for New Jersey studio partners (who commit to large production facilities), 30-35% for film-lease production companies (who lease space in designated facilities), and 30-35% for other producers. It establishes annual spending limits ($100 million-$150 million for studio partners, $100 million-$150 million for film-lease companies, and $30 million for digital media) and allows tax credits to be transferred or sold to other taxpayers. The bill also clarifies reporting requirements, including verification by independent accountants and documentation of expenses incurred within New Jersey. These changes aim to maintain New Jersey's competitiveness in the film and digital media industry while ensuring responsible use of public funds.