Texas is the Next Movie Haven
Funds to Incentivize the Movies
On Monday night, the Texas Senate Committee on Finance gave the green light to Senate Bill 22. This bill is all about cranking up the cash Texas offers to bring in film and TV projects. The vote was totally in favor at 11-0, setting up for the full Senate to review it soon.The committee heard from a surprise guest, Matthew McConaughey, who spoke up for SB 22 just before the vote. This bill plans to set aside $500 million every two years for the "Moving Image Industry Incentive Fund" over the next decade. That’s more than double what was put aside last year when lawmakers bumped up the tax incentive to $200 million.If this bill goes through, the Texas film office could hand out grants to movie productions spending at least $500,000 in Texas. That's a step...