Film Tax Extension Debate Goes Hollywood

Law360, New York (February 21, 2014, 5:56 PM EST) -- The desire to keep California's film industry in California inspired a heavily supported bill introduced this week that would expand the state’s practice of seducing filmmakers with tax credits to remain in-state, despite analysts’ claims that such programs are a poor investment.

AB 1839 was introduced in the State Assembly already signed by half of California’s 120 lawmakers, who all co-wrote the proposal to extend the Golden State’s program for another five years and allow more high-budget productions to apply for tax breaks.

“This bill is an acknowledgement...
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