The Film & Television Tax Credit
Helping California Compete
California’s film industry is a state treasure. Not only are its products one of America’s most marketable exports, the industry is a worldwide cultural touchstone, a small business incubator, and a magnet for state tourism. Combined, the industry supports more than 190,000 direct jobs and $17 billion in wages in California.
In late 2014, California Governor, Jerry Brown, signed a $1.6 billion jobs bill – AB 1839 (Gatto/Bocanegra) – into law to upgrade the state’s Film & Television Tax Credit. Leveling the playing field and helping the state compete, it sent a signal to filmmakers worldwide that California means show business.