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A BILL TO BE ENTITLED
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AN ACT
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relating to the grant amount awarded to certain moving image |
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projects under the moving image industry incentive program. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter B, Chapter 485, Government Code, is |
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amended by adding Section 485.0245 to read as follows: |
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Sec. 485.0245. GRANT AMOUNT FOR CERTAIN MOVING IMAGE |
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PROJECTS. (a) This section applies only to the following moving |
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image projects with in-state spending of at least $3.5 million: |
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(1) a feature film; |
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(2) a television program; |
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(3) a visual effect project for a feature film or |
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television program; or |
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(4) a digital interactive media production. |
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(b) In calculating the amount of a grant awarded under |
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Section 485.024, a moving image project described by Subsection (a) |
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is eligible for a grant amount equal to at least 30 percent of: |
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(1) the total amount of the project's eligible |
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in-state spending, excluding wages of persons who are employed for |
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the project; and |
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(2) notwithstanding Section 485.024, the amount of |
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wages the project paid to state residents employed to work in-state |
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on the project. |
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SECTION 2. This Act takes effect September 1, 2025. |