Overview

• The measure raises the cap on film and TV tax credits from $200 million to $300 million every two years.
• Lt. Gov. Dan Patrick spearheaded the initiative, casting it as a strategy to elevate Texas’s standing in the national production market.
• At an annual rate of $150 million in credits, Texas will sit below states like California, New York and Georgia, but ahead of regional rivals such as Louisiana and Pennsylvania.
• The program builds on a 2015 Fifth Circuit decision affirming Texas’ right to withhold incentives from films it deems critical of the state.
• Support from figures including Taylor Sheridan and Matthew McConaughey helped secure bipartisan legislative approval.