Texas House approves $1.5 billion film tax incentive

NEXSTAR-The House of Representatives voted in Texas on Monday 114-26 to pass the Senate Law 22, which provides tax exemptions filmed in Texas. 300 million dollars will be allocated to the program every year over the next ten years – a cumulative investment of $ 1.5 billion.

“The members, this (the) made the film industry in Texas again Bell,” MP Todd Hunter, R-CORPUS Christi cried out when he started putting SB 22 pm on Sunday. His noisy statements after the house spent nearly four hours of discussion, the “Make a Healthy America” ​​bill was designed to attract the attention of the house. “This is one of the bills that seem to be different interpretations than I can rely on, so I want to be very severe and tell you what this film bill does.”

SB 22 has constantly attracted harsh criticism from a wing of the Republican Party, highlighted by a strong opposition from Representative Brian Harrison. From March 6 to Monday in the afternoon, Harrison Spread the word “Hollywood” in 45 posts separateMany of them say, “No Hollywood Baldi Texas.”

“This is another anti -beating bill in an anti -beating session in the history of Texas,” Harrison said in a statement. “Instead of reducing property taxes, the Voice of Texas’s house to steal billions of Texas who work hard to present it to liberal Hollywood. These are the popular companies, not the role of the government.”

While Harrison did not talk about the bill in front of the full house on Sunday, Representative David Loui participated in the state.

“The draft law provides these incentives funded by the taxpayers for the film and entertainment industry. The same industry that one day praised Harvey Winstein as a hero and extinguished for example ill -treatment for years,” Louis said. “This is also the same industry that prompted us to support President Trump, to ridicule us to support us for the players who have not yet been born, and we offered to oppose sexual transformations for children and mocked our Christian faith at every opportunity.”

However, the largest defender of SB 22 is not concerned about the transformation of Texas into Hollywood.

“[Lowe] “We are on the same page here. We really have amazing hopes that Texas is a pioneer in this industry. ”

Funding qualifications

To qualify for the incentives of the film, the project must be approved by the Music, Film, TV and multimedia office under the ruler’s office. To start on September 1, projects will have to employ at least 35 % of Texas, and increase by five percent every two years.

The collapse of total incentives is as follows fiction and television:

Spending within the country is between $ 250,000 and 1 million dollars5 % grant based on spending within the state
Spending within the country is between one million dollars and 1.5 million dollars10 % grant based on spending within the state
Spending in the country more than $ 1.5 millionA 25 % grant based on spending within the state

The draft law includes similar incentives for digital interactive media projects, realistic television offers, commercial ads and educational videos. Adult films, news, political messages, religious services, sporting events, prizes, classroom projects and video games of the type of casino are among the prohibited projects from demanding tax incentives.

The bill also includes incentives for some sub -categories.

Movies promoting a heritageAn additional grant for 2.5 % of spending within the country
Filming films in rural provinces (> 300,000 people)An additional grant for 2.5 % of spending within the country
Films that spend at least 25 % of the budget away from the production distance within the countryAn additional grant for 1 % of spending within the country
Films that use more than 2.5 % of the crew with veterans in TexasAn additional grant for 2.5 % of spending within the country
Films based on faithAn additional grant for 2.5 % of spending within the country
Filming films on a historic Texas siteAn additional grant for 2.5 % of spending within the country
Films that participate with higher education studentsAn additional grant for 2.5 % of spending within the country

What next?

SB 22 pairs of home modifications had a home, so he returned to the Senate in Texas. If they agree to the changes, the bill will be sent to the office of the governor of Gregbout to sign.

In the coming years, the media in Texas hopes to increase the program’s funding to $ 500 million in initial proposal every year.

“We are really excited to show these legislators that the amount of $ 300 million will be used in this year, and that in 2027 we went back to the session, we can look at this increase to 500 million.”

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