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The Texas Round-Up
Notes from working in Texas film.
It's a rebate, not a credit. What that does to your cash flow.
No, the Texas incentive is not a tax credit. It's a cash grant paid after the state reviews your file. Here is what that does to a $3M show's money, when it's a dealbreaker, and when it isn't.
Texas vs. Georgia vs. New Mexico for a $3M show.
The same $3M show in three states, at base rates, with the rules that actually change the answer: transferability, caps, residency and crew travel. Including the cases where Texas loses.
BUDGET vs REBATE vs LOCATION; Indie films doing the most with money.
Three Texas pictures at $252K, $2.5M and $5M, run against Georgia, New Mexico and California. The base each state counts decides more than the rate.
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