Newsom proposes expanding CA film/TV tax credit to at least $1 billion
1 Nov 2 11:00 AM · 6d ago · 6 articles · 1 post · 3 sources · development 1 of 3
Newsom announced a plan to raise the state's capped Film and Television Tax Credit Program from $750 million to at least $1 billion, including credits for above-the-line talent, $100 million for independent productions, a 5% boost for companies committing to multiple California productions, and an extension through 2040.
“California created the modern entertainment industry; we’re the capital of entertainment and we’re going to keep it here.”
Gavin Newsom
Gavin Newsom California GovernorColleen Bell California Film Commission DirectorRick Chavez Zbur California Assemblymember (D-Hollywood)Dee Dee Myers Senior Advisor to Governor Newsom, GO-Biz Director
Adam Schiff U.S. Senator from California
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What was reported 3 claims about this development
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first by Los Angeles Times, 6d ago · also Variety, Sacramento Bee, California State Portal | CA.gov
4 more headlines
- Gavin Newsom Proposes Expanding California’s Movie and TV Tax Credit to at Least $1 Billion Variety · 6d ago
- Newsom Proposes Expanding California’s Film Credit to $1 Billion Bloomberg.com · 6d ago
- Gov. Gavin Newsom proposes expanding California film tax credit to $1 billion Sacramento Bee · 6d ago
- Governor Newsom proposes historic $1 billion California film and television tax credit California State Portal | CA.gov · 6d ago
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first by IndieWire, 6d ago · also Quartz
1 more headline
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1 outlet Gavin Newsom Proposes Expanding California's Film and TV Tax Credit Program to at Least $1 Billion
first by The Wrap, 6d ago
All 3 developments of Newsom proposes raising California's film and TV tax credit… →
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