Directors, producers and actors say better incentives in other states pull projects away from Texas, which is losing out on millions of dollars.
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“One of my great frustrations was that I wrote ‘Hell or High Water,’ and they filmed the darn thing in New Mexico,” said writer and director Taylor Sheridan. “My love story to Texas was shot west of where it should have been shot.” But they noted that because Texas does not have a state income tax or a state property tax, a tax break would not necessarily make sense. The state would need to consider a different model that would create a long-term funding plan.Charles Perry
New Mexico has one of the largest incentive programs in the country, offering 25 to 40% reimbursement. Other states with robust programs include Georgia, which offers a 30% tax credit that has no cap.
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