from: Here & Now — California has watched its dominance over the film and TV industry wane as other states, and even other countries, offer producers lucrative tax incentives. This has cost the state thousands of jobs and millions of dollars in lost economic output. Now California is fighting back. A bill is moving through the state legislature that would...
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from: Ted Johnson, Variety.com — Rep. Judy Chu (D-Calif.) and 34 other members of California’s congressional delegation are urging Gov. Jerry Brown to sign legislation that would expand the state’s film and TV incentive program to $400 million in tax credits per year. The lawmakers who signed the letter to Brown include 34 Democrats and one Republican, Rep. Paul...
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from: Nick Goundry, The Location Guide — A proposed boost to California’s filming incentive programme has cleared the latest political hurdle on the way to becoming law. The increased tax credit was approved by the Senate Appropriations Committee with an annual fund of around USD 400 million. Boosting the annual fund to USD 400 million would mark a quadrupling of...
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from: Chris Megerian, Los Angeles Times — Los Angeles Mayor Eric Garcetti said Wednesday that Gov. Jerry Brown has agreed to support an expansion of California’s film tax credit, a high-profile effort to keep production jobs in the state. It’s unclear, however, how large the expansion would be. Garcetti wants $420 million, which is equal to New...
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from: Ted Johnson, Variety.com — Los Angeles Mayor Eric Garcetti and other California civic leaders will lobby Sacramento on Wednesday to push for extension and expansion of the state’s tax incentive program for movies and TV shows. Garcetti’s schedule includes a meeting with legislative leaders and Gov. Jerry Brown, who has not announced whether he will support...
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from: Dave McNary, Variety.com — Los Angeles is in grave danger of losing even more TV drama series because of the limits of the state’s production tax incentive program, a new report asserts. FilmL.A. disclosed Wednesday that Hollywood has seen a 34% decline in TV dramas shot in Los Angeles since 2006-07 from 73 to 48 currently. Additionally, 13 of those 48...
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