A bipartisan group of lawmakers introduced legislation Thursday that would create a federal tax incentive for film and television productions made in the U.S. in an effort to keep entertainment jobs from moving overseas.
State Sen. Ben Allen, D-Santa Monica, and Assemblymember Rick Chavez Zbur, D-Hollywood, have introducedAB/SB 186, a budget trailer bill aimed at protecting middle-class jobs tied to film and television production in the state.
The California production community can breathe a sigh of relief: State lawmakers have officially introduced a bill meant to allow studios a few key exemptions from a recently enacted restriction on corporate tax credits.
California Post opinion editor Joel Pollak joins ‘Varney & Co.’ to discuss Gov. Gavin Newsom’s wealth tax proposal and a major California SNAP fraud investigation.
