Sec. 485.025. ADDITIONAL GRANT FOR UNDERUTILIZED AND ECONOMICALLY DISTRESSED AREAS. In addition to the grant calculated under Section 485.024, a production company that spends at least 25 percent of a moving image project's filming days in an underutilized and economically distressed area is eligible for an additional grant in an amount equal to 2.5 percent of the total amount of the production company's in-state spending for the moving image project.
Added by Acts 2005, 79th Leg., Ch. 342 (S.B. 1142), Sec. 2, eff. September 1, 2005.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 260 (H.B. 1634), Sec. 6, eff. June 8, 2007.
Acts 2009, 81st Leg., R.S., Ch. 2 (H.B. 873), Sec. 3, eff. April 23, 2009.
Structure Texas Statutes
Subtitle F - Commerce and Industrial Development
Chapter 485 - Music, Film, Television, and Multimedia Industries
Subchapter B. Moving Image Industry Incentive Program
Section 485.022. Moving Image Industry Incentive Program
Section 485.023. Qualification
Section 485.025. Additional Grant for Underutilized and Economically Distressed Areas
Section 485.027. Workforce Training and Performance Measures