Bill
SB 1897
Overview: SB 1897, titled "FILM TX CREDIT-SPENDING", is currently in the rule 3-9(a) / re-referred to Assignments stage. It was introduced on March 04, 2025.Purpose and Intent: The
Overview: SB 1897, titled "FILM TX CREDIT-SPENDING", is currently in the rule 3-9(a) / re-referred to Assignments stage. It was introduced on March 04, 2025.
Purpose and Intent: The main goal of this bill is to modify the existing film tax credit program in the state. The legislation aims to incentivize increased spending and investment in the local film industry.
Key Provisions:
- Increases the maximum film tax credit percentage from 25% to 30% of qualified production expenditures
- Expands the types of eligible expenditures to include a wider range of production-related costs
- Establishes a new tiered credit structure based on the level of in-state spending
- Requires productions to meet minimum spending thresholds to qualify for the higher credit rates
Affected Parties and Impacts: The bill is intended to benefit the state's film and television production industry by providing enhanced tax incentives. This could lead to increased investment, job creation, and economic activity in the sector. Local businesses that support the industry, such as equipment suppliers, catering services, and hospitality providers, may also see positive impacts.
Procedural and Timeline Considerations: The bill is currently in the rule 3-9(a) / re-referred to Assignments stage, indicating it is still under consideration by the legislature. The next steps would be further committee review, potential amendments, and a vote by the full legislative body.
Compiled from official sources — confirm details with the bill’s official record.
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