(a) Except as provided by Section 485.025, a grant under this subchapter may not exceed the amount established by office rule. The office shall adopt rules prescribing the method the office will use to calculate the amount of a grant under this subsection. The office shall publish a written summary of the method for determining grants before awarding a grant under this section. The method must consider at a minimum:(1) the current and likely future effect a moving image project will have on employment, tourism, and economic activity in this state; and(2) the amount of a production company's in-state spending for a moving image project.(b) In calculating a grant amount under Section 485.025 or the amount of in-state spending for purposes of rules adopted under Subsection (a), the office may not include wages of persons, including an actor or director, employed in the production of a moving image project that exceed $1 million.(c) The office may only make a grant from appropriated funds.Tex. Gov't. Code § 485.024
Amended By Acts 2009, 81st Leg., R.S., Ch. 2, Sec. 3, eff. 4/23/2009.Amended By Acts 2007, 80th Leg., R.S., Ch. 260, Sec. 6, eff. 6/8/2007.Added by Acts 2005, 79th Leg., Ch. 342, Sec. 2, eff. 9/1/2005.