The bill, H.B. No. 292, proposes an amendment to the Government Code by adding Section 485.0245, which establishes new criteria for grant amounts awarded to certain moving image projects under the moving image industry incentive program. Specifically, the bill targets projects with in-state spending of at least $3.5 million, including feature films, television programs, visual effects projects, and digital interactive media productions.

Under the new section, these qualifying projects would be eligible for a grant amount equal to at least 30 percent of their total eligible in-state spending, excluding wages for project employees. Additionally, the bill allows for the inclusion of wages paid to state residents working on the project when calculating the grant amount, thereby incentivizing local employment. The provisions of this act are set to take effect on September 1, 2025.

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