Calif. Film Tax Bill Approved By Assembly Arts Committee

Law360, Los Angeles (March 26, 2014, 4:14 PM EDT) -- The California Assembly Committee on Arts, Entertainment, Sports, Tourism and Internet Media on Tuesday unanimously passed legislation that would expand the state’s current practice of luring filmmakers with tax credits to remain in-state, sending the bill to the Assembly Committee on Revenue and Taxation.

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. The...
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