
California Boosts Film and TV Tax Credits to $750M in Push to Revitalize Hollywood Production and Jobs
California state lawmakers have reached a pivotal agreement to substantially increase the annual tax incentive program aimed at bolstering the state’s cornerstone film and television industry. The deal, forged this week by leaders of the Senate and Assembly, proposes more than doubling the program’s allocation, escalating it from the current $330 million per year to…