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California Lawmakers Seek $750M Boost for Film Tax Credit

5/10/2025

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Summary

Story summary

California lawmakers, spearheaded by Assemblyman Rick Chavez Zbur, are pushing to boost the Film and Television Tax Credit Program from $330 million to a whopping $750 million, aiming to revitalize the beleaguered entertainment industry. Simultaneously, federal efforts for a national film tax credit are gaining momentum, striving to protect U.S. production jobs against fierce global competition.

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Story summary

California lawmakers, spearheaded by Assemblyman Rick Chavez Zbur, are pushing to boost the Film and Television Tax Credit Program from $330 million to a whopping $750 million, aiming to revitalize the beleaguered entertainment industry. Simultaneously, federal efforts for a national film tax credit are gaining momentum, striving to protect U.S. production jobs against fierce global competition.