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
Sony Pictures Confirms Quentin Tarantino Deal; Margot Robbie, Tom Cruise, Brad Pitt, Leonardo DiCaprio Circling
'Justice League' Currently Stumbling With $97M+ Opening: Are 'Wonder' & 'Thor' Cutting Into Business?
Ryan Eggold, Who Played Fan Favorite Tom Keen In 'The Blacklist,' Joins Spike Lee's 'Black Klansman'