California Film Industry Advocates Push for Expanded Tax Incentives

A new coalition of Hollywood businesses and studios is lobbying to increase California's tax credits to retain production and compete with rival states offering more generous incentives.

• The California Production Coalition, comprising over 30 businesses and organizations, has formed to advocate for expanded film and TV tax credits in the state.
• Gov. Gavin Newsom has proposed increasing California’s annual film tax credit allocation from $330 million to $750 million, with details to be finalized in the 2025 budget.
• California's current tax credit program is considered less competitive than those in states like Georgia and New York, which offer higher percentages and broader eligibility for expenses.
• The coalition highlights the economic benefits of the film industry, including job creation and tax revenue, and aims to raise awareness among policymakers and the public.
• A recent poll commissioned by the coalition found strong voter support for increasing tax credits and expanding eligibility to include game shows, talk shows, and reality TV productions.

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