Legislation which would extend the program for two years cleared the Assembly today on a 70-4 vote. Funding for the bill that allocates $100 million yearly in credits expires next year. Industry proponents had hoped for a longer extension but lawmakers were skittish because of the state’s fiscal situation. The state Senate is expected to hold its first committee hearing on its version next week.


Still not enough money to keep business here. We’d like to know just when this state’s so-called leaders smarten up and become “leaders”, not “followers”; currently following way behind NY & other states/countries. Can’t they get the math right – long-term, give more, get more.
This is great news, but after reading about how runaway production is also hitting the VFX industry, California either needs to let films with larger budgets qualify for the program or create a separate tax credit for VFX to keep these jobs and the spending in the state. The people at Rhythm & Hues really shed some light on the studios obsession with tax credits: http://filmworks.filmla.com/2012/08/15/rhythm-hues-special-effects-powerhouse-offers-insight-into-vfx-industry/
Hey Anonymous,
Absolutely correct, but California is so far behind the curve.
Well over a dozen years ago, MP Barbara Anderson, (oversight on UK filmmaking) visited the Los Angeles including the original VES. She explained to all about their developing incentive/tax programs for PRODUCTION. The question was posed to her, “Why not do it for post production as well”. And what do you know, she listened and thus began the process for the UK to include post incentives.
By the time Sacramento truly “gets it” and does anything seriously meaningful, most of the work will already be elsewhere with China becoming the rising giant of the future.
This is the wonderful global digital world which apparently is outside the Sacramento understanding
in real terms.
A 70-4 vote shows the support is bipartisan and almost unanimous. People who say Sacramento lawmakers “don’t get it” may need to start rethinking that strategy. Finally, it seems, they are getting it.
Gary Watts want’s to know:
Who is Filmworks?
Where Do they Get their Money ?
Who is on the Board?
~ Gary Watts ~
Are your union earned tax dollars supporting tax incentives going to the non union sector?
Are union leaders and politicians enjoying a very large paycheck from dues paying members while supporting “Corporate Greed”?
Such union leaders and politicians are only undermining the very fiber of the union foundation, and that is “promoting unionism and the right of every union member an opportunity to fairly seek employment with union wages and conditions”.
I am truly amazed that any union leader would support any tax incentives for the non union sector while not supporting or having the basic understanding of how such actions without a “Project Labor Agreement” would not benefit its own membership, now or in the future.
So many of our union leaders and politicians don’t even grasp that we are the 99% and we demand the basic rights and concepts of a union to be upheld.
Are our leaders so naive that they believe that when management says this is good for you and your membership? Are our leaders and politicians so naive that they do not see a win, win situation right in front of them?
While I do not personally support tax incentives, I would entertain a “Project Labor Agreement” for one.
Please write, fax, call and email your legislators and tell them: “Project Labor Agreement” or No Tax Incentives.
What is your opinion?
In Solidarity
Gary Watts I.B.T. Local 399