Tag Archives: Texas Governor Rick Perry

Sat, Apr 25, 2009 | 21:58 BST

Texas Governor signs tax break for game companies

texas12Texas Governor Rick Perry has signed into law House Bill 873 which increases the amount of state grants available to video game firms and other media production companies in the Lonestar State.

The press release mainly focuses on what this means to the movie industry, but it applies to all forms of media created by companies that take up shop in the state.

“The passage of House Bill 873 is an important step in helping Texas regain its footing in the moving image business,” Gov. Perry said. “With this legislation, we are strengthening our state’s investment in a vital industry that not only shows off our state to the rest of the world, but also draws investment and creates jobs for Texans.”

ESA’s Mike Gallagher, who lobbied for the bill’s support back in March, seemed very pleased with the governor’s decision.

“I commend Governor Rick Perry and the Texas state legislature for recognizing the contributions that the video game industry already has made in the state, and for acting quickly and decisively to ensure that the industry has the opportunity to reach its full potential,” he said.

“Today, Texas showed its strong willingness to stay competitive with other states that are seeking to attract video game developers and publishers.”

Whole thing through the break.

Thanks, GamePolitics.

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