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Incentive Program receives funding for 2012-2013 budget cycle In what was a very challenging legislative session, we emerged with $30 million in funding for the next budget cycle for the Texas Moving Image Incentive Program. Our funding is included in HB 1, the state budget that was passed by the Texas Legislature on Memorial Day. An additional $2 million is included in the budget for the Governor's Trusteed programs for film and music to cover administration and marketing. This is a tremendous victory since it is an increase of $20 million from the original $10 million dedicated to the program when the budget was filed in January. At one point during the legislative process the Texas Senate removed all funding for the program.
The Governor called a special session that began May 31st to address several key bills related to funding the budget that died at the end of the regular session. It is widely expected that other issues may be added to the special session agenda, including congressional redistricting, but the moving image incentive program is not expected to be impacted.
Please visit the Texas Motion Picture Alliance for info on how you can get involved: www.txmpa.org
Thank you for your support!
~Linda
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