Senate Bill 22 would create the Texas Moving Image Industry Incentive Fund, pumping $500 million every two years into a program intended to bring more moviemaking to Texas.

Matthew McConaughey, who has spent more than three decades as an actor, told the Texas Senate Finance Committee on Monday that one of his only regrets is not making more films in Texas.

The bill would more than double the amount of money Texas spends to lure film and television projects and has the backing of Texas movie stars including Matthew McConaughey.