Texas OKs $2.5B Film Incentives, Others Advance Plans

Texas is poised to invest $2.5 billion over the next decade in film and television production incentives after the Senate passed SB 22, aiming to attract larger productions and generate more local jobs. In Missouri, lawmakers have advanced a bill to merge film and TV tax credit pools into a single fund, with over 40 projects and $33 million in spending since reinstating incentives in 2023. Pennsylvania lawmakers have proposed raising the state's film tax credit cap from $100 million to $125 million, emphasizing the program's estimated $4 billion economic impact and potential benefits for jobs and tourism. Industry advocates in all three states argue that expanded and more flexible incentives are vital to compete nationally and retain local talent. These legislative efforts illustrate a broader state-level push to attract lucrative film productions. However, some policymakers and producers caution that fiscal responsibility and infrastructure growth remain ongoing concerns.