Assembly votes to extend film production tax break (AP)

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SACRAMENTO, Calif. – The state Assembly voted Tuesday to extend incentives for California's entertainment industry for five more years, approving up to $500 million in additional tax credits to help keep movie-making jobs in the state.

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The California Film and Television Tax Credit Program enacted in 2009 has already helped keep some $2.2 billion in film and television production and 25,000 crew jobs in California, said Assemblyman Felipe Fuentes, a Sylmar Democrat, arguing for the extension.

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California lost production jobs for years until the credit took effect, said Assemblyman Anthony Portantino, D-La Canada Flintridge, and it was carefully crafted for economic benefit to the state.

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Assembly votes to extend film production tax break (AP)

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