This bill expands the types of industries that may receive financial incentives from the government to include entertainment companies that create virtual reality content. It also expands the amount of rebates and incentives that an individual company may receive. CPAC does not believe that taxpayers should be forced to subsidize the production of virtual reality content and opposed this bill. The House passed this bill on May 23, 2023 by a vote of 98-1 and the bill later became law.