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Calif. Pushes Ahead Tax Incentive Reform

Calif. Pushes Ahead Tax Incentive Reform

A bill that would beef up California’s film and television tax incentive program has cleared another hurdle.

AB 1839, as the reform bill is known, passed the Assembly Revenue and Taxation Committee on May 13 by a vote of 8-0. The legislation, authored by Assemblymen Raul Bocanegra (D-Pacoima) and Mike Gatto (D-Los Angeles), would augment the state’s current $100-million program.

Production flight is a growing concern of lawmakers and the entertainment unions, who worry California will continue shedding jobs from one of its signature industries. SAG-AFTRA has joined with other Hollywood labor organizations in support of the bill.

“We can’t afford to let any more jobs leave the state, and this bill is a rare example of government taking proactive steps to ensure well-paying jobs stay in our communities,” Gatto said in a statement. 

The bill now goes to the Assembly Committee on Appropriations, which Gatto chairs.

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