Relating to the moving image industry incentive program.

HB 5440 updates Texas' moving image industry incentive program by requiring production companies to spend at least $250,000 for films/TV or $100,000 for other projects (like commercials or educational videos) in-state. It increases the Texas resident crew requirement to 70% (from 55%) and lowers the filming location requirement to 60% in Texas (from 70%). Grants cover up to 30% of eligible spending, with new documentation rules for in-state spending, and adds provisions for junior colleges to create training programs using program funds. The bill directly affects film/TV production companies seeking state incentives.