Texas HB292 adjusts grant amounts for specific moving image projects under the state's incentive program.

Texas HB292 modifies the grant amount awarded to certain moving image projects, including feature films, television programs, visual effect projects, and digital interactive media productions, with in-state spending of at least $3.5 million. The bill specifies that these projects are eligible for a grant equal to at least 30 percent of their total eligible in-state spending, excluding wages. This change takes effect on September 1, 2025.

Texas HB292 adjusts grant amounts for specific moving image projects under the state's incentive program.

Texas HB292 modifies the grant amount awarded to certain moving image projects, including feature films, television programs, visual effect projects, and digital interactive media productions, with in-state spending of at least $3.5 million. The bill specifies that these projects are eligible for a grant equal to at least 30 percent of their total eligible in-state spending, excluding wages. This change takes effect on September 1, 2025.