| (25) Underutilized and Economically Distressed Area--
(A) Underutilized Area--An area of the state that receives
less than 15% of the total moving image industry production in the
state during a fiscal year, as determined by the Commission. An area
of the state wherein 15% or more of the total moving image industry
production takes place during a fiscal year, as determined by the
Commission, includes a thirty mile radius from city hall of that area's
largest municipality.
(B) Economically Distressed Area--An area within the
thirty mile radius described in Subparagraph (A) of this paragraph,
where the median household income does not exceed 75% of the median
household income as determined by the Texas Demographic Center or
its successor.
(26) Visual Effects Project--A self-contained production
whereby computer generated images are created or manipulated to integrate
with live-action footage of a Feature Film, Television Program, Educational
or Instructional Video, or Commercial.
(27) Wages--Compensation paid to an individual for
work performed. Payment methods include, but are not limited to, direct
payments, payments through an agent or agency, payments through a
loan-out company or payments through a payroll service. Wages include,
but are not limited to, gross wages, per diems (if signed for by the
recipient), employer paid Social Security (Old Age, Survivors, and
Disability Insurance (OASDI)) payments, employer paid Medicare (MEDI)
payments, employer paid Federal Unemployment Insurance (FUI) payments,
employer paid Texas State Unemployment Insurance (SUI) payments, employer
paid pension, health and welfare payments, and employer paid vacation
and holiday pay. Only the first $1,000,000 in aggregate wages and/or
compensation per person shall constitute eligible Wage expenditures.
|
| Source Note: The provisions of this §121.2 adopted to be effective March 10, 2008, 33 TexReg 2019; amended to be effective November 22, 2009, 34 TexReg 8029; amended to be effective August 28, 2011, 36 TexReg 5201; amended to be effective August 5, 2012, 37 TexReg 5737; amended to be effective September 5, 2013, 38 TexReg 5714; amended to be effective March 27, 2017, 42 TexReg 1399; amended to be effective May 21, 2023, 48 TexReg 2484 |
