California lawmakers have agreed on a partial carveout for the film and TV industry from a state cap on tax credits. The bill, AB 186, was unveiled on Friday evening. It addresses concerns raised in June by the Motion Picture Association and a coalition of entertainment unions, who argued that the cap threatened to undermine […]
California Lawmakers Settle on Partial Film Carveout From Tax Credit Cap
California lawmakers have agreed on a partial carveout for the film and TV industry from a state cap on tax credits. The bill, AB 186, was unveiled on Friday evening. It addresses concerns raised in June by the Motion Picture…
This article was originally published by
Variety
and is republished here under license.
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