An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in entertainment production tax credit, further providing for limitations.

This bill raises the annual spending cap for Pennsylvania's entertainment production tax credits from $100 million to $125 million. It directly affects film and television producers who claim these tax credits by increasing the total amount the state can award each year. The key change is a new annual limit ($125 million) for credits under Section 1716-D, effective July 1, 2025. The bill does not create new credits or alter eligibility rules - only adjusts the spending ceiling. It applies to all entertainment production tax credits awarded in fiscal years beginning on or after July 1, 2025.