California – Film Tax Credit To Bring Back Jobs And Increase Revenue

SALT Report 3447 – Assembly Bill 1839, The California Film and Television Job Retention and Promotion Act, would extend and expand motion picture tax credits allocated by the California Film Commission for the period of July 1, 2016 through June 30, 2021, creating jobs and increasing revenue in the state of California.

The Bill would remove the $75 million cap on qualifying motion pictures and instead place a cap on the credit amount received,  provide incentives for production outside of the Los Angeles area, and alter the definition of a “qualified motion picture” among other things.

For Further Information:

CA Assembly Bill 1839 Draft

CA Assembly Bill 1839 Support Letter Sen. George Runner