Texas 2017 - 85th Regular

Texas Senate Bill SB244

Voted on by Senate
 
Out of House Committee
 
Voted on by House
 
Governor Action
 
Bill Becomes Law
 

Caption

Relating to the abolishment of the moving image industry incentive program.

Impact

The repeal of the moving image industry incentive program could significantly alter the landscape for film and television production in Texas. Without these incentives, the state may become less competitive compared to other states that offer similar programs, potentially leading to decreased production activity within Texas. This could have broader implications for jobs associated with the film industry, including those involved in production, post-production, and supporting services that rely on a robust film and television sector.

Summary

SB244 aims to abolish the moving image industry incentive program in Texas, which has historically provided tax credits and other financial incentives for film and television productions. The bill proposes to amend the Government Code, specifically repealing several sections that outline the definitions and framework for this incentive program. Supporters of the bill argue that the program has not yielded the expected economic benefits and that discontinuing it would save the state money, allowing for reallocation of resources toward more beneficial programs.

Contention

Notable points of contention surrounding SB244 include concerns from industry stakeholders about the loss of economic opportunities and the potential negative impact on the creative community. Critics of the bill argue that abolishing the incentive program would undermine efforts to attract large-scale productions, which can bring significant employment and financial investment into local economies. Proponents, however, contend that the effectiveness of the program has waned and that funds should be redirected to support other areas with a higher return on investment for taxpayers.

Companion Bills

No companion bills found.

Previously Filed As

TX SB1460

Relating to incentives for the moving image industry in this state.

TX HB1471

Relating to eligibility requirements of the moving image industry incentive program for certain moving image projects involving a firearm.

TX HB4474

Relating to qualifications for participation in the moving image industry incentive program.

TX HB4539

Relating to qualifications for participation in the moving image industry incentive program.

TX HB4665

Relating to incentives for the film, television, video, and digital interactive media production industries.

TX SB1459

Relating to benefits and incentives for media production in this state.

TX HB3472

Relating to the establishment of the Texas Media Production Enticement Program; providing tax credits; authorizing fees.

TX HB4419

Relating to the promotion of film and television production in this state, including the eligibility of film or television productions for funding under the major events reimbursement program, the creation of a film events trust fund and a film production tax rebate trust fund, the establishment of virtual film production institutes, and the designation of media production development zones.

TX HB3600

Relating to the establishment of the Texas Multimedia Production Program; providing tax credits; authorizing fees.

TX SB1613

Relating to the establishment of the Texas Multimedia Production Program; providing tax credits; authorizing fees.

Similar Bills

No similar bills found.