... Two days after a deal was struck between the governor and the legislative leadership to increase California’s $100 million Film and TV Tax Credit Program to $330 million, the state Senate today passed the Film and Television Job Creation and Retention Act. The bi-partisan vote on the amended legislation was 32 to 2 with 6 Senators not voting. The bill is a response to years of seeing the film and TV industry “cannibalized by states and other countries poaching tens of thousands of good California jobs,” said Senator Kevin De León (D-Los Angeles) today introducing the Act on the Senate floor today. “This is a strategic investment.” The incoming state Senate President Pro Tem estimated that the expansion would increase production in the Golden State by five times once it fully kicks in. ...
Once the guv gave the bill his blessing (and final numbers were worked out) the outcome for 1839 was a foregone conclusion.
Posts
0 comments:
Post a Comment