Gov. Gavin Newsom's proposal to increase California's film tax incentives aims to generate thousands of jobs and keep the state's film industry competitive, especially against rivals like Georgia.
Newsom emphasized the importance of the entertainment industry to California, stating that expanding the film tax program would reinforce the connection between communities and the iconic film and TV sector.
With California's existing film tax incentive capped at $330 million and the proposed increase to $750 million, the state aims to become a more attractive destination for film productions.
As states compete for film and television productions, California's plan follows a national trend, with over $25 billion invested in filming incentives across the country.
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