Bill > SB22

This bill establishes and reforms the Texas moving image industry incentive program by creating a dedicated Texas Moving Image Industry Incentive Fund and implementing new rules for grant eligibility and allocation. The legislation introduces a complex grant structure that provides financial incentives for film, television, digital media, and other production projects in Texas, with grants ranging from 5% to 25% of total in-state spending depending on the project type and total expenditure. The bill adds several new grant categories, including Texas heritage, rural filming, postproduction, veterans, faith-based, historic site, and workforce development grants, which can provide additional percentage-based incentives. The bill also gives the Music, Film, Television, and Multimedia Office broad discretion in reviewing and approving grant applications, allowing them to deny funding for projects with inappropriate content or those that portray Texas negatively. Notably, the legislation mandates that the comptroller deposit $300 million from tax proceeds into the incentive fund every state fiscal biennium and includes a sunset provision that will expire these provisions on August 31, 2035, after which the program will revert to previous guidelines.

Budget and Finance, Business and Industry

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=SB22