| (a) Background.
(1) The Texas Moving Image Industry Incentive Program
administered by the Texas Film Commission (Commission) offers grants
based upon eligible expenditures within the state by the Applicant,
subject to this chapter and Chapter 485 of the Texas Government Code.
(2) Grants are available upon submission of all required
documentation by the Applicant to the Commission, initial verification
by the Commission and a compliance review by the Office of the Governor.
These grants are in addition to the Sales Tax Exemptions described
in Texas Tax Code, §151.318 and §151.3185 and the Texas
Comptroller of Public Accounts Administrative Rule, 34 TAC §3.300.
(b) Purpose.
(1) The Texas Moving Image Industry Incentive Program
was implemented to increase employment opportunities for Texas industry
professionals, tourism and to boost economic activity in Texas cities
and the overall Texas economy. Rather than Texas being an exporter
of talent, Texas can now attract a wide range of projects from traditional
film and commercial productions to the technology driven visual effects,
animation productions and video games.
(2) The Texas Moving Image Industry Incentive Program
allows for growth of the indigenous segments of production. It is
an important goal of this program to have Texas' talented workforce
stay in Texas and realize real professional growth in the industry.
The program increases the value of the Texas workforce and the viability
of the small businesses that rely on production activity, increasing
Texas' capacity to take on more production activity and increasing
Texas competitive edge.
(3) The Texas Moving Image Industry Incentive Program
is not intended for productions that are permanently located in the
State of Texas including, but not limited to, news productions, sports
productions and religious service productions.
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| Source Note: The provisions of this §121.1 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 September 5, 2013, 38 TexReg 5714; amended to be effective March 27, 2017, 42 TexReg 1399 |
