Eric Garcetti, Other Mayors to Lobby Sacramento to Expand Film Tax Credit

Eric Garcetti, Other Mayors to Lobby Sacramento to Expand Film Tax Credit

from: Ted Johnson,

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 the legislation, which would extend the incentives through 2022 and expand the program to include bigger-budgeted movies and most one-hour drama series.

But a key question remains how much will be allocated each year, a figure that has been left blank in the pending legislation. The current figure is $100-million per year; Garcetti and others are pushing for a figure that is competitive with New York, which is at $420 million.

The bill, AB1839, authored by Rep. Mike Gatto and Rep. Raul Bocanegra, comes before the Senate Appropriations Committee on Thursday. Industry backers are holding a “Sacramento Mobilization Day” next week to rally support.

Garcetti and San Jose Mayor Chuck Reed, San Francisco Mayor Ed Lee, Sacramento Mayor Kevin Johnson, Long Beach Mayor Robert Garcia, Oakland Mayor Jean Quan and Santa Ana Mayor Miguel Pulido will hold a press conference in the afternoon to discuss the tax credit bill as well as proposed water bond legislation and cap-and-trade funds, according to Garcetti’s office.

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