To qualify for a grant under this subchapter:
(1) a production company must have spent a minimum of:
(A) $250,000 in in-state spending for a film or television program; or
(B) $100,000 in in-state spending for a commercial or series of commercials, an educational or instructional video or series of educational or instructional videos, or a digital interactive media production;
(2) unless the office determines and certifies in writing that a sufficient number of qualified crew, actors, and extras are not available to the company at the time principal photography begins, the percentage of the production crew, actors, and extras for a moving image project who are Texas residents must be at least:
(A) 35 percent for a moving image project that begins principal photography on or after September 1, 2025, and before September 1, 2027;
(B) 40 percent for a moving image project that begins principal photography on or after September 1, 2027, and before September 1, 2029;
(C) 45 percent for a moving image project that begins principal photography on or after September 1, 2029, and before September 1, 2031; and
(D) 50 percent for a moving image project that begins principal photography on or after September 1, 2031;
(3) at least 60 percent of the moving image project must be filmed in Texas; and
(4) a production company must submit to the office an expended budget, in a format prescribed by the office, that reflects all in-state spending and includes all receipts, invoices, pay orders, and other documentation considered necessary by the office to accurately determine the amount of a production company's in-state spending that has occurred.