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TX HB292
Bill
Status
11/12/2024
Primary Sponsor
Barbara Gervin-Hawkins
Click for details
AI Summary
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Establishes a minimum 30% grant rate for qualifying moving image projects under Texas's film incentive program, applying to feature films, television programs, visual effects projects, and digital interactive media productions
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Requires projects to have at least $3.5 million in in-state spending to qualify for the enhanced grant amount
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Calculates the 30% grant based on two components: eligible in-state spending (excluding wages) and wages paid to Texas residents employed to work in-state on the project
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Amends Chapter 485 of the Government Code by adding Section 485.0245
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Takes effect September 1, 2025
Legislative Description
Relating to the grant amount awarded to certain moving image projects under the moving image industry incentive program.
State Finances
Last Action
Referred to Culture, Recreation & Tourism
2/27/2025