Latest in California Production Tax Incentives

California’s film and television tax credits would be extended five more years if the State Assembly has its way, after a bill that would add an extra $500 million to the program was approved today by a 72-1 vote. The state Senate will vote on the legislation, enacted in 2009 to slow runaway production, later in the…

It’s always been repugnant to me that, despite his years in Hollywood, Governator Arnold Schwarzenegger has done less than zero to stop runaway production or enact incentives to lure TV shows and films back to California and even Los Angeles. (Then again, very little that this piss poor political parvenu has done in…