Texas 2025 - 89th 2nd C.S.

Texas House Bill HB116

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

Caption

Relating to the repeal of the Moving Image Incentive Program.

Impact

If passed, this bill would significantly alter how the state supports the film and media industry. The repeal could lead to a decrease in film production activities, which some believe would result in job losses and reduced business for local vendors associated with the film industry. Critics of the bill, however, assert that the program has not significantly contributed to substantial economic development and have called for a reassessment of state spending priorities amidst budget constraints.

Summary

House Bill 116 proposes the repeal of the Moving Image Incentive Program, a state initiative designed to provide financial incentives to film and media production companies operating within the state. Proponents argue that the program lacks the necessary return on investment and that funds could be better allocated to other areas that directly benefit the state’s economy. By eliminating these incentives, the bill aims to redirect state resources toward programs deemed more effective and essential for local economic growth.

Contention

Debate surrounding HB116 has revealed a divide between legislators who support the bill and those who oppose it. Proponents highlight the need for fiscal responsibility and reallocating funds towards high-priority programs. Conversely, opponents argue that repealing the incentives could diminish the state's attractiveness to filmmakers, resulting in lost tax revenue and potential long-term negative impacts on economic diversity. The discussions reflect broader tensions regarding how to balance state investments in industries that traditionally stimulate job creation against pressing budgetary challenges.

Texas Constitutional Statutes Affected

Government Code

  • Chapter 485. Music, Film, Television, And Multimedia Industries
    • Section: New Section

Education Code

  • Chapter 48. Foundation School Program
    • Section: New Section

Companion Bills

No companion bills found.

Previously Filed As

TX SB22

Relating to the Texas moving image industry incentive program and the establishment and funding of the Texas moving image industry incentive fund.

TX HB4568

Relating to the Texas moving image industry incentive program and the establishment and funding of the Texas moving image industry incentive fund.

TX HB5440

Relating to the moving image industry incentive program.

TX SB1460

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

TX HB292

Relating to the grant amount awarded to certain moving image projects under the moving image industry incentive program.

TX HB1859

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

TX HB4474

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

TX HB1471

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

TX HB4539

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

TX HB3543

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

Similar Bills

No similar bills found.