Requires annual competitive tax credit auctions; dedicates proceeds to NJ Civic Information Consortium and public broadcasting system; reduces tax credits available for certain film productions; appropriates $15 million.

This bill establishes an annual competitive auction system for film and digital media tax credits in New Jersey, directing the resulting funds to the state's Civic Information Consortium and public broadcasting system. It reduces the available tax credit percentage for certain film productions while maintaining higher rates for specific digital media projects that meet strict local hiring and spending requirements. The legislation also includes a $15 million appropriation to support these initiatives and requires all recipients to include promotional materials for New Jersey in their final credits.