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California Legislature Passes Bill to Address Catch in $750 Million Tax Credit for Hollywood
SB 186 would exempt indie projects from business tax credit caps and allow film and TV production to monetize their refunds faster.
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hollywoodreporter.com
$10 Million in Funding Earmarked for CA Postproduction Tax Credit If Gov. Newsom Signs
SB 2319, which aims to lure more editing, sound mixing and other post work to the state, passed the state legislature on Sunday.
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variety.com
California Lawmakers Pass Film Credit Fix on Tax Cap
The California Legislature approved a bill, SB 186, that speeds up tax credit rebates for Hollywood studios.
