Gov. Jerry Brown signed a bill late last night that adds one year to the California Film & Television Tax Credit Program. Assembly Bill 1069 had been pared down from its original language that sought a five-year extension. Now, the program is ensured through 2015. It’s worth $100 million annually and was enacted in 2009 (signed by then-Gov. Arnold Schwarzenegger) to prevent runaway production to other states — and Canada — offering better incentives, though the program has been a tough sell in Sacramento as other state programs face substantial cuts to offset massive state debt.
California Film Tax Credit Extension Signed
What's Hot on Deadline
Black Friday Box Office Explodes: Top 20 Pics +112% Over Thanksgiving; Katniss Eyes $74.4M 5-Day - Saturday AM Update
Universal Lands Hot Novel 'The Girl Before'; Ron Howard To Direct, Brian Grazer & Michael De Luca To Produce