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Texas Government Code - GOV'T § 485.024. Grant

Current as of January 01, 2024 | Updated by Findlaw Staff

<Text of section effective until Sept. 1, 2035.  See, also, § 485.024 effective Sept. 1, 2035.>

(a) Except as provided by Section 485.025, for a moving image project that is:

(1) a feature film, a television program other than a reality television program, or a visual effects project for a feature film or television program other than a reality television program with total in-state spending of:

(A) at least $250,000 but less than $1 million, the amount of a grant under this subchapter is equal to five percent of total in-state spending for the project;

(B) at least $1 million but less than $1.5 million, the amount of a grant under this subchapter is equal to 10 percent of total in-state spending for the project;  or

(C) at least $1.5 million, the amount of a grant under this subchapter is equal to 25 percent of total in-state spending for the project;

(2) a digital interactive media production with total in-state spending of:

(A) at least $100,000 but less than $1 million, the amount of a grant under this subchapter is equal to five percent of total in-state spending for the project;

(B) at least $1 million but less than $1.5 million, the amount of a grant under this subchapter is equal to 10 percent of total in-state spending for the project;  or

(C) at least $1.5 million, the amount of a grant under this subchapter is equal to 25 percent of total in-state spending for the project;

(3) a reality television program as defined by office rule with total in-state spending of:

(A) at least $250,000 but less than $1 million, the amount of a grant under this subchapter is equal to five percent of total in-state spending for the project;  or

(B) at least $1 million, the amount of a grant under this subchapter is equal to 10 percent of total in-state spending for the project;  or

(4) a commercial, a series of commercials, an educational or instructional video, a series of educational or instructional videos, or a visual effects project for a commercial, series of commercials, educational or instructional video, or series of educational or instructional videos with total in-state spending of:

(A) at least $100,000 but less than $1 million, the amount of a grant under this subchapter is equal to five percent of total in-state spending for the project;  or

(B) at least $1 million, the amount of a grant under this subchapter is equal to 10 percent of total in-state spending for the project.

(b) In calculating a grant amount under Section 485.025 or the amount of in-state spending for purposes of rules adopted under Subsection (a), the office may not include wages of persons, including an actor or director, employed in the production of a moving image project that exceed $1 million.

(c) The office may make a grant from the incentive fund or appropriated funds.

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Cite this article: FindLaw.com - Texas Government Code - GOV'T § 485.024. Grant - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-485-024/

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