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
Donald Trump Takes Mark Cuban's Pre-Debate Bait; Bill Maher Joins Celebs Prepping For Monday - UPDATE