Legislation which would extend the program for two years cleared the Assembly today on a 70-4 vote. Funding for the bill that allocates $100 million yearly in credits expires next year. Industry proponents had hoped for a longer extension but lawmakers were skittish because of the state’s fiscal situation. The state Senate is expected to hold its first committee hearing on its version next week.
California Film/Television Tax Credit Extension Clears State Assembly
What's Hot on Deadline
'X-Men: Apocalypse' Now At $80M+, 'Alice' Taking A Spill With $38M+ Over 4-Day Memorial Day Holiday - Saturday AM Update
Sequel To Cult Sci-Fi Pic 'The Man From Earth' A Go With Vanessa Williams, Sterling Knight Among Cast