Originally slated at up to $500 million per biennium for ten years, an amendment was added to cap the program’s cost at $300 million per biennium.
Corporate Welfare
Texas Senators Pass Measure Giving $2.5 Billion to Film Industry
The proposal would tie the state’s film incentive program to a new fund and lower cast and crew residency requirements for qualifying productions.
Texas Senators Consider $2.5 Billion Over Next Decade for Film Industry
The proposed measure would significantly raise the amount allocated for the state’s film incentive program and keep it out of budget deliberation for a decade.
Texas Officials Criticize Proposed $500 Million in Corporate Welfare to Movie Industry
The pushback follows the release of a commercial featuring Matthew McConaughey and other actors advocating more funding for the industry.
Gov. Abbott: US Foods Expansion in Buda Worth $120 Million in Capital Investment
US Foods will receive over $1 million in grants from the Texas Enterprise Fund towards the expansion, which is slated to create 165 new jobs.
Gov. Abbott: Texas is ‘America’s Jobs Engine’
Texas is outpacing the rest of the U.S. in job growth, adding over 327,400 jobs in the past year.
Texas Senate Reviews $200M Movie Industry Handouts
Despite the Republican Party of Texas platform calling for the curtain to close on the program, labeling it as a form of “corporate welfare,” the Legislature increased its budget to $200 million during the last session.
Williamson County Samsung Plant Experiences Significant Setbacks
The perils of government picking winners and losers means taxpayers are footing part of this bill.
After SCOTUS Ruling, Attorney General Paxton Vows to Keep Fighting Big Tech Censorship
The U.S. Supreme Court sent the case about Texas’ ban on Big Tech censorship back to a lower court.
Austin Light Rail Scheme Remains on Ice After Trial Postponed
Legal challenges to Project Connect are unlikely to be resolved anytime soon.