California Film & TV Tax Credits Applications Dip In New Small-Screen Round

With production on the uptick in the home of Hollywood, the second round of those seeking Golden State tax credits for TV saw 32 applications this past week. Unlike the previous small-screen round of May 11-17, within the November 30 to December 6 period, the California Film Commission had five shows apply under the recurring TV series category. That allows shows that are already approved under the state program to seek the credits because they have been scheduled to film more episodes than anticipated.

The now multi-period program also allows relocating series, new series, renewed series, pilots, miniseries and MOWs to apply for credits. With the top applicants currently being asked for more documentation so the CFC can assess their projects thoroughly, the initially approved are expected to be announced around December 21.

There are $42 million in credits at play this time, and this most recent round was down from the 37 applicants that put in a bid for the tax credits in the spring. That was the first round under now-lotteryless new five-year, $330 million-a-year tax credit program that Gov. Jerry Brown signed into law in September 2014. The May 11-17 application period had $82.8 million available for potential projects and saw the likes of HBO’s Veep relocate to the state and CBS Studios’ Crazy Ex-Girlfriend get approval. That application period was also the first time TV pilots were eligible for tax credits under Cali’s program.

This latest period saw 13 pilots and seven new series apply plus two MOWs, three miniseries and two relocating series. The May application period had 16 TV series, three miniseries projects, four MOWs, six relocating series and eight pilots apply for what eventually became 11 selected projects.

The next round of tax credits for feature films, known as independent projects and non-independent feature films, will be held January 11-24. The next application period for TV projects will be from February 15-22.

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