HB 292
AN ACT relating to the grant amount awarded to certain moving image
House Bill
89th Regular Session
Jan 14, 2025 - Jun 2, 2025 • Session ended
Awaiting Committee Assignment
Bill filed, pending referral to House committee
Committee
Not yet assigned
Fiscal Note
Not available
What This Bill Does
relating to the grant amount awarded to certain moving image
Subject Areas
Bill Text
relating to the grant amount awarded to certain moving image projects under the moving image industry incentive program. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subchapter B, Chapter 485, Government Code, is amended by adding Section 485.0245 to read as follows: Sec. 485.0245. GRANT AMOUNT FOR CERTAIN MOVING IMAGE PROJECTS. (a) This section applies only to the following moving image projects with in-state spending of at least $3.5 million: (3) a visual effect project for a feature film or (4) a digital interactive media production. (b) In calculating the amount of a grant awarded under Section 485.024, a moving image project described by Subsection (a) is eligible for a grant amount equal to at least 30 percent of: (1) the total amount of the project's eligible in-state spending, excluding wages of persons who are employed for (2) notwithstanding Section 485.024, the amount of wages the project paid to state residents employed to work in-state SECTION 2. This Act takes effect September 1, 2025.
Bill History
filed
Bill filed: AN ACT relating to the grant amount awarded to certain moving image
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