(a)

1. (1) Within two (2) weeks after principal photography begins, the production company shall begin filing weekly expenditure reports.
2. (2) Failure to file weekly expenditure reports may result in a delay in the disbursement of the tax incentive provided in Arkansas Code §§ 15-4-2005 and 15-4-2006.

(b) The weekly expenditure report shall be filed in accordance with, but shall not be limited to, the following:

1. (1) Direct cash payments by the production company to Arkansas vendors, businesses, or citizens hired as cast or crew that are accompanied by receipts shall be allowed if the sum of the cash payments does not exceed forty percent (40%) of the total verifiable expenditures;
2. (2) Per diem expenditures by cast or crew, or both, for lodging, when accompanied by receipts signed by the production company and cast or crew member evidencing payment of the per diem, shall be allowed as eligible expenditures; and

3. (3) Expenditure reports shall include without limitation:

   1. (A) Check identification number;
   2. (B) Date of payment;
   3. (C) Name of payee;
   4. (D) Address of payee;
   5. (E) Amount paid; and
   6. (F) Other information the Revenue Division of the Department of Finance and Administration deems necessary to ensure compliance with this section.