1:12 pm
  Local News
  State / National / World
  Opinion / Letters
  Arts / Entertainment
  Submit Event
  Comics / Games
  DJ Designers
  Advertise With Us
  About Us
California moves to keep film production at home
August 16, 2014, 05:00 AM The Associated Press

LOS ANGELES — Hoping to keep film production in California, lawmakers have moved to quadruple tax subsidies for location shoots.

The state Senate Appropriations Committee approved a bill Thursday that would boost total subsidies to $400 million a year, the Los Angeles Times reported.

The vote came after months of lobbying by a coalition of entertainment industry unions, studio representatives and Los Angeles city officials, including Mayor Eric Garcetti.

The measure must still be approved by the full Senate and signed by Gov. Jerry Brown. But supporters say they are confident it will clear the remaining hurdles, saying there is widespread recognition that California is losing one of its signature homegrown industries to other states.

“There is no question this will make a difference,” said Bill Mechanic, a veteran film producer and former chief executive of Fox Filmed Entertainment.

The legislation also would eliminate a controversial system in which film and TV productions win tax credits based on a lottery system, regardless of the economic effect of the production, the Times said.

Feature film production in Los Angeles County has fallen by half since 1996, and the region’s share of TV pilot production has fallen 73 percent since its peak in 2007, according statistics compiled by Film L.A. Inc.

Most states now offer lucrative incentives for filming, awarding about $1.5 billion in film-related tax credits, rebates and grants in 2012 — up from $2 million a decade ago, according to the newspaper.

Garcetti, who has made fighting runaway production one of his priorities, flew to Sacramento this week. He and several other mayors met with the governor to make their case for more funding.

“This represents a responsible and significant investment in the future of California’s middle-class,” Garcetti said.



Tags: production, angeles, garcetti,

Other stories from today:

Shot teen allegedly robbed store
U.S. marshals capture fugitive fighter War Machine
Tens of thousands hold anti-PM rally in Pakistan

Print this Page Print this Page  | 
<< Back
Return To Archives

Daily Journal Quick Poll
Do you use a meal kit delivery service?

Yes, all the time
Now and then
Tried it, didn't like it
Prefer doing my own shopping
Prefer takeout or eating out


©2016 San Mateo Daily Journal
San Mateo County open houses