In the foyer of the TCL Chinese Theater this morning, Governor Brown signed Assembly Bill 1839 effectively amending the tax code to increase California's entertainment tax incentive starting next year.
“California is on the move and Hollywood is a very important part of that,” said Gov. Jerry Brown just before signing the legislation into law today outside of Hollywood’s TCL Chinese Theatre — and behind a sign that read “Keep Cameras Rolling In California.”
“It’s not only a golden state but home of the silver screen,”added the governor, promising thousands of new jobs would emerge from the new law, the widely supported and multi-sponsored Film and Television Job Creation and Retention Act.
[T]he signing ceremony today was a who’s who of state and local politicians as well as industry execs and Hollywood heavyweights. State Assembly members Mike Gatto and Raul Bocanegra, who introduced the bill without a price tag in late February were in attendance, as was big tax industry incentives advocate LA Mayor Eric Garcetti and incoming state Senate President Pro Tem Kevin de Leon. “You can’t assign a value on having a strong middle class,” Gatto told a cheering crowd of industry workers about the goal to preserve jobs in the state and gain back ones lost. “Today, with the stroke of s pen, California is doing something.” Added De Leon: “Come back home where you belong,”
I was lucky enough to be asked my Steve Hulett to attend today's event as a representative for The Animation Guild. Mr. Patton was not exaggerating when he describes the attendees as a 'whos who of state and local politicians'. Most of the State legislature was in attendance as well as representatives from most of the local entertainment labor unions, the California Labor Federation, the California Film Commission among others. Everyone who had the opportunity to speak mentioned the return of middle-class entertainment jobs to the applause and cheers from the attendees.
It would be nice to see the incentive bring some feature and lots of TV production back to town. It would also be nice if the visual effects language the bill includes sees local vfx shops flourish with the effects work on those films and TV shows. We'll all be watching next year to see how much of an impact this will have. Methinks it will be .. a lot.