Texas is the New Hollywood Act of 2025

This bill extends a 100% tax deduction for film and television productions (replacing the standard bonus depreciation) through 2035, increasing the tax benefit for qualifying productions. It requires productions to spend at least $500,000 in one state (or $100,000 for educational content) to qualify. The policy directly affects producers who meet these spending thresholds and choose to film in any U.S. state. The bill applies nationwide, though its title references Texas as a marketing concept, not a geographic requirement.