California Film and TV Tax Credit Expansion Passes First Committee Vote

Image for article California Film and TV Tax Credit Expansion Passes First Committee Vote
News Source : TheWrap

News Summary

  • Assembly Bill 1138, the California Film & Television Jobs Act, was passed by the CA Assembly Committee for Arts, Entertainment, Sports and Tourism on Tuesday
  • A hearing for a companion bill, Senate Bill 630, is scheduled for Wednesday
  • The bill proposes expanding the eligibility list for the credit to include “animation films, series, shorts and large-scale competition shows” with a minimum budget of $1 million
One of two bills designed to combat the loss of film and television productions in California by expanding the eligibility rules for the states tax incentive program passed its first committee vote [+2834 chars]

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