| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 89R3741 SCF-D | |
| 2 | 2 | By: Gervin-Hawkins H.B. No. 292 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | ||
| 6 | 6 | ||
| 7 | 7 | A BILL TO BE ENTITLED | |
| 8 | 8 | AN ACT | |
| 9 | 9 | relating to the grant amount awarded to certain moving image | |
| 10 | 10 | projects under the moving image industry incentive program. | |
| 11 | 11 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 12 | 12 | SECTION 1. Subchapter B, Chapter 485, Government Code, is | |
| 13 | 13 | amended by adding Section 485.0245 to read as follows: | |
| 14 | 14 | Sec. 485.0245. GRANT AMOUNT FOR CERTAIN MOVING IMAGE | |
| 15 | 15 | PROJECTS. (a) This section applies only to the following moving | |
| 16 | 16 | image projects with in-state spending of at least $3.5 million: | |
| 17 | 17 | (1) a feature film; | |
| 18 | 18 | (2) a television program; | |
| 19 | 19 | (3) a visual effect project for a feature film or | |
| 20 | 20 | television program; or | |
| 21 | 21 | (4) a digital interactive media production. | |
| 22 | 22 | (b) In calculating the amount of a grant awarded under | |
| 23 | 23 | Section 485.024, a moving image project described by Subsection (a) | |
| 24 | 24 | is eligible for a grant amount equal to at least 30 percent of: | |
| 25 | 25 | (1) the total amount of the project's eligible | |
| 26 | 26 | in-state spending, excluding wages of persons who are employed for | |
| 27 | 27 | the project; and | |
| 28 | 28 | (2) notwithstanding Section 485.024, the amount of | |
| 29 | 29 | wages the project paid to state residents employed to work in-state | |
| 30 | 30 | on the project. | |
| 31 | 31 | SECTION 2. This Act takes effect September 1, 2025. |