The California Film and Television Job Retention and Promotion Act was signed into law by Governor Jerry Brown on September 18, 2014. The new law significantly increases the amount of film and television tax credits and eligibility to participate in the film and television tax credit program.
This tax alert contains information on the following:
- What is California’s new film and tax credit budget?
- What are the new program eligibility requirements?
- Additional items to consider under the new law
- GHJ’ recommendation