Creates a new, temporary tax incentive for qualifying film and television productions that meet minimum in‑state spending requirements. Eligible productions may claim a 100% bonus depreciation rule for qualifying property placed in service during the stated ten-year window, and the change amends existing bonus‑depreciation rules in the Internal Revenue Code.

The change defines eligibility (including references to existing section 181 rules), makes conforming amendments to section 168(k), and sets an effective period for the bonus depreciation boost and related special rules. The intent is to encourage domestic production spending and capital investment by increasing immediate tax write-offs for qualifying production property.