Texas Senate greenlights $500 million film incentive bill

Hollywood Exodus Accelerates as Los Angeles Set to Become 'The New Detroit'

Los Angeles may be on the brink of losing its crown as the entertainment capital of the world. Industry insiders warn the city could become “the next Detroit” if lawmakers don’t act fast to offer better tax incentives to keep film and TV productions in California. Key Facts: The Crisis Behind Los Angeles Becoming the New Detroit A town hall on April 14 featured producers and lawmakers urging changes to California’s film tax credit system. Produ…

Bill to boost incentives for in-state film and TV production passes Texas Senate with bipartisan support

Senate Bill 22 would increase funding for in-state film and TV production to $500 million every two years, up from $200 million now.

Texas Senate approves $500 million infusion for film incentives

Those who opposed the bill raised concerns about how the governor’s office will determine which productions to fund. The bill now moves to the House for consideration.

Roadshow to Support Bill Boosting Incentives for Film Production Kicks Off

This week, entertainment industry professionals gathered at Camp Lucky, a production studio facility in Dallas, to learn about Senate Bill 22. Passed by the Senate on April 16 and pending before the House, the bill could boost state incentives for productions in the state, having far-reaching implications for the industry…

Texas Senate greenlights $500 million film incentive bill

The legislation aims to attract more film projects to Texas by offering significant incentives.

Texas Senators Pass Measure Giving $2.5 Billion to Film Industry

The proposal would tie the state’s film incentive program to a new fund and lower cast and crew residency requirements for qualifying productions. The post Texas Senators Pass Measure Giving $2.5 Billion to Film Industry appeared first on Texas Scorecard.