This session, lawmakers have welcomed Texas-born actors like Dennis Quaid, Matthew McConaughey and Woody Harrelson to the Capitol.
The Texas Legislature is currently considering two bills, House Bill 3600 and Senate Bill 1911, aimed at revitalizing the state's film industry through enhanced incentives. These bills propose to increase the state's film incentive cap from $45 million to $200 million annually, offering a 30% to 42.5% transferable tax credit for qualifying expenses. This move is supported by industry leaders like Matthew McConaughey and Dennis Quaid, who argue that Texas has lost significant film and television production to other states due to less competitive incentives. The legislation seeks to not only attract more film projects but also to foster job creation and economic growth within Texas. Governor Greg Abbott has expressed support for the film industry, emphasizing its economic benefits, although he has not yet endorsed the specific bills. The bills are part of a broader effort to make Texas a more attractive location for film production, potentially bringing back high-profile projects and boosting local economies.
Media & Entertainment
Tue, March 25, 2025
