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
Trending Now on Deadline
More From Team
- Ryan Knight, 'Real World' Star, Dead At 29
- Jon Lindstrom Joins 'True Detective'; Dan Buran Boards TNT's Drug-Trade Pilot
- 'Unfinished Business' Redband Trailer: Vince Vaughn And Company Invade Europe
- 'Late Late Show' Guest Hosts Include Drew Carey & Judd Apatow Ahead Of Corden Debut
- Richard Linklater To Receive Palm Springs Visionary Award For 'Boyhood'
- MPTF's Night Before Oscar Fundraiser Setting Up Shop On Fox Lot