Governor Jerry Brown Signs California Film/TV Tax Incentive Bill Into Law

California FIlm Incentives

In recent years actors and others in the the entertainment industry in California have seen countless great jobs move to states like Louisiana and Georgia, where lucrative tax breaks have made doing business much more cost effective. Many industry professionals who moved to California in order to find work either found themselves with less work or having to travel across the country to work for “runaway productions.” Many in the industry — particularly working class talent — appealed to California politicians to create additional financial incentives to keep entertainment production “home” in Hollywood.

After several months of negotiations, last week California Governor Jerry Brown signed into law the California Film and Television Job Retention and Promotion Act, which will increase tax incentives for California productions from $100 million a year to $330 million. The signing ceremony took place in the courtyard of Hollywood’s TCL Chinese Theatre with many politicians, including Los Angeles Mayor Eric Garcetti and Hollywood icon Warren Beatty, who is currently working on his first film in over a decade in California. Beatty joked that he was disappointed to hear California Senator Kevin de Leon remark that the funds would be primarily used to pay for production fees, not star salaries.

Mayor Garcetti took a nearly antagonistic stance against the decade-long trend of an increasing number of productions filming outside California. During the ceremony he said, “They call the problem ‘runaway production.’ But let’s be clear — production and production jobs aren’t running away from California. They are being lured away by big financial incentives from other states. Today, we fight back.”

Adding to the praise, the California Film & Television Production Alliance released a statement that said, “Today is a day that we have worked toward for over a year. We represent small businesses, film commissions, local government officials, and most importantly, thousands of working men and women across the state who dedicated months of their lives to writing letters, attending rallies and meetings, testifying, signing petitions, and traveling to Sacramento — all with the goal of making AB 1839, the California Film and Television Job Retention and Promotion Act, a reality.”

via The Hollywood Reporter

Leave a Reply

http://www.dailyactor.com/wp-content/uploads/2017/11/alicia-silverstone-killing-of-a-sacred-deer.jpg
Alicia Silverstone on ‘The Killing of a Sacred Deer’ and Working on Broadway
"My agent called and said, 'You need to go on this thing. It’s worth it. You should start preparing immediately" - Alicia Silverstone
http://www.dailyactor.com/wp-content/uploads/2017/11/denzel-washington-roman-j-israel-esq.jpg
Denzel Washington on ‘Roman J. Israel, Esq.’ and Why He Keeps Coming Back to Broadway
"I’m interested in different challenges, and challenging myself and just trying to get better." - Denzel Washington
http://www.dailyactor.com/wp-content/uploads/2017/11/chadwick-boseman-black-panther.jpg
Chadwick Boseman on Playing Black Panther: “I love him because the fantasy of playing a ruler – you never get to do that”
Boseman talks about portraying T'Challa's unique background on screen.
http://www.dailyactor.com/wp-content/uploads/2017/11/willem-dafoe-the-florida-project.jpg
Willem Dafoe: “I don’t think you can keep doing the same thing as an actor and be free”
"All performing is about control and discipline versus abandon and just letting go." - Willem Dafoe
http://www.dailyactor.com/wp-content/uploads/2017/11/mandy-pantinkin-wonder.jpg
Mandy Patinkin: “I love doing research for any part that I do. That’s one of the most fun parts of being an actor to me”
Patinkin why he specifically sought a comedic project, the dedication he brings to his performances, and when his parents were finally convinced he could make a living as an actor.