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California Film Tax Credit Extension Signed

By THE DEADLINE TEAM | Monday October 10, 2011 @ 9:00am PDTTags: California Film & Television Tax Credit Program, California Production Tax Incentives, Jerry Brown

Gov. Jerry Brown signed a bill late last night that adds one year to the California Film & Television Tax Credit Program. Assembly Bill 1069 had been pared down from its original language that sought a five-year extension. Now, the program is ensured through 2015. It’s worth $100 million annually and was enacted in 2009 (signed by then-Gov. Arnold Schwarzenegger) to prevent runaway production to other states — and Canada — offering better incentives, though the program has been a tough sell in Sacramento as other state programs face substantial cuts to offset massive state debt.

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California OKs Only One-Year Extension Of Film-TV Tax Credits

By NIKKI FINKE, Editor in Chief | Saturday September 10, 2011 @ 3:15pm PDTTags: California Production Tax Incentives, Jerry Brown

Passing legislation in the California Legislature is always tedious what with all-night marathon sessions and hundreds of bills in a rush to pass before lawmakers adjourn for the year. So it was semi-miraculous that the tax breaks for California film and TV production received the … Read More »

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Study: California’s Film And TV Tax Credit Program Paying Off Economically

By THE DEADLINE TEAM | Tuesday June 28, 2011 @ 2:24pm PDTTags: Jerry Brown

A study of the impact of California’s Film and Television Tax Credit program shows that it has generated more than $3.8 billion in economic output and supported 20,040 jobs — good for labor income of $1.4 billion — in the … Read More »

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