89R3741 SCF-D By: Gervin-Hawkins H.B. No. 292 A BILL TO BE ENTITLED AN ACT relating to the grant amount awarded to certain moving image projects under the moving image industry incentive program. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subchapter B, Chapter 485, Government Code, is amended by adding Section 485.0245 to read as follows: Sec. 485.0245. GRANT AMOUNT FOR CERTAIN MOVING IMAGE PROJECTS. (a) This section applies only to the following moving image projects with in-state spending of at least $3.5 million: (1) a feature film; (2) a television program; (3) a visual effect project for a feature film or television program; or (4) a digital interactive media production. (b) In calculating the amount of a grant awarded under Section 485.024, a moving image project described by Subsection (a) is eligible for a grant amount equal to at least 30 percent of: (1) the total amount of the project's eligible in-state spending, excluding wages of persons who are employed for the project; and (2) notwithstanding Section 485.024, the amount of wages the project paid to state residents employed to work in-state on the project. SECTION 2. This Act takes effect September 1, 2025.