California Lawmakers Introduce Bills to Enhance Film and TV Tax Credit
variety.comGene Maddaus Senior Media Writer California lawmakers plan to make the state’s film and TV incentive more lucrative for individual productions, while doubling the overall size of the program.
At a press conference on Wednesday, lawmakers announced two companion bills — AB 1138 and SB 630 — to make the state’s program more competitive with other states.
Several speakers noted that Georgia and New York have moved aggressively to sweeten their tax rebates in order to lure the industry. “We won’t let that happen without a fight,” said Assemblyman Isaac Bryan, one of the sponsors of the Assembly bill.
Alex Aguilar, the business manager of Laborers Local 724, said he’s had to counsel members that if they don’t find work soon, they should switch careers. “We have many people who are losing homes, leaving the state,” he said. “They no longer believe there is a future in the entertainment industry.” Gov.
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