An extension of California’s $100 million annual film and television tax credit program leaped through another legislative hurdle today. With a 32-3 vote in Sacramento, the state Senate approved extending the program two more years. The measure, sponsored by Senator Ron Calderon, now heads over to the Assembly for a vote there. “As a coalition of unions, guilds and associations representing hundreds of thousands of men and women whose livelihoods depend on the strength of the California entertainment industry, we applaud the passage of SB 1167 by the California State Senate,” said SAG-AFTRA, the Teamsters, IATSE, the Director’s Guild and others in a joint statement after the vote Tuesday. The state Assembly passed a version of the extension legislation in a 70-4 vote on August 16. Eventually, the two bodies will have to work out a joint version of the extension. The current tax credit is set to end in 2015 if the latest proposed extension does not become law. The tax credit program was put in place in 2009 to help halt the exodus of production from California to other states and to Canadian provinces that offer strong incentives to TV shows and feature films. In early June, 28 projects were picked by lottery to be allocated this year’s $100 million. Among those projects that got the lucky tickets were the relocating television series Teen Wolf, as well as Pretty Little Liars and Justified.
California Senate Approves Tax Credit Extension For Film/TV Industry
What's Hot on Deadline
'Black Panther' Director Ryan Coogler Writes Letter Of Gratitude After Film's Record-Breaking Weekend
Oprah Winfrey Answers Call & Joins Clooneys, Katzenbergs, Spielberg And Capshaw In Donating $500,000 To March For Our Lives: Who's Next?
'Black Panther' Goes Wild: At $242M Superhero Owns 2nd Best 4-Day Opening & Defeats 'Last Jedi' - Update
'L.A. Confidential': Walton Goggins To Co-Star In CBS Drama Pilot; Anna Fricke Joins As Co-Showrunner
Latest Film News
- Study Finds “Little Progress” For Women In Percentage Of Non-Acting Oscar Nominations
- ‘Black Panther’ Director Ryan Coogler Writes Letter Of Gratitude After Film’s Record-Breaking Weekend
- Weinstein Co. Bidders Eyeing Sit-Down With New York AG As Lawsuit Stalls Sale
- ‘Black Panther’ Goes Wild: At $242M Superhero Owns 2nd Best 4-Day Opening & Defeats ‘Last Jedi’…
- Duplass Brothers Contest Finalist Film ‘Lost Bayou’ Sets Cast; Kristanna Loken Cast In ‘University Intelligence…
- ‘Paddington’s Paul King In Talks To Direct Live-Action ‘Pinocchio’ For Disney