Archive for category Texas

Phil Anaya, KHOU SAN ANTONIO – For the first time ever, the city of San Antonio has come together with leaders of the local film industry to come up with a plan to bring more films to the Alamo City. However, it won’t be an easy task, especially since state lawmakers have dramatically slashed film […]

By Alex Stockwell AUSTIN, Texas — The Texas film industry is feeling the effects of budget cuts on the state’s film incentive program. After funding was slashed by two-thirds, other states are now giving Texas a run for its money. Last year, Texas lawmakers cut the budget down from $95 million to just $32 million. […]

There’s a difference between a tax break and a tax subsidy. It may seem slight — and on the bottom line of businesses, there may be no apparent difference at all. But it’s important nonetheless. It’s all about whose money it is, in the first place. Here’s what we mean: a tax break lets you […]

by Ryan McCrimmon With a $63 million budget cut looming over the state’s film incentives program, advocates for the film and video game industries are weighing what went wrong — and pointing fingers. The two-year budget deal reached by House and Senate negotiators last week includes about $32 million for the Texas Moving Image Industry Incentive Program, less […]

The film industry of Texas wants the video games industry to get its own tax credits, according to a report in the Texas Tribune. Currently both the video games and film industries in the state share funds from the same pool – a fact that advocates for the film industry want to change. Advocates from the […]