|Type of Incentive||Grant; refundable; non-transferable|
|Benefit Details||For Texas spending:
At least 70% of the total number of cast and crew (including extras) must be Texas residents and at least 60% of principal photography days must be done in state.
Additional 2.5% for underutilized or economically disadvantaged areas.
|Annual Cap||$95,000,000 for fiscal years 2014 and 2015|
|Minimum Local Spend||$250,000 for film and TV programs; $100,000 for commercials.|
|Loan-Out Company Considerations||None|
|Additional Exemptions||Hotel Occupancy Tax Relief Available
Sales & Use Tax Relief Available
Fuel Tax Relief Available
|Qualified Production Expenditures||Incurred In-State; In-State Vendors; Fringes Paid for Qualified Labor; Taxes Paid for Qualified Labor. Contact us for more details.|
|Qualified Labor||Resident; Above the Line and Below the Line. First $1,000,000 of labor per resident employee is qualified. Contact us for more details.|
|Film Commission||Texas Film Commission
Office of the Governor
PO Box 13246
Austin, TX 78711Heather Page, Director
NOTE: This content has been prepared by Kevin P. Martin & Associates, P.C. for informational purposes only and should not be construed as tax advice or relied on for specific projects. Though every effort has been made to remain current, laws and incentives change and, therefore, this information may have been revised. Please contact us to confirm any laws or the effect of incentives on your project.