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California Lawmakers To Vote On Expansion Of State’s Film And TV Production Credit

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A significant expansion of California’s film and TV production tax credit is scheduled to come to a floor vote on Thursday before the state Assembly and Senate.The bill is expected to pass overwhelmingly, after garnering unanimous support out of committee on Wednesday.At least for the next two years, the legislation also will put California more in line with New York in the amount of money offered to TV series and movie projects.The legislation will add $90 million for each of the next two fiscal years, meaning that the California incentive program will have $420 million available in 2021-22 and 2022-23.

The additional money is directed at TV, with $75 million for recurring series and $15 million for series that relocate to the state.Anothe

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