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Wednesday, 20 January 2010 00:00

California Incentives Boost Production

Written by  Dyana Carmella
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California Governor Arnold Schwarzenegger recently announced progress in the new tax incentive program the state passed in 2009. Due to the new film and television incentive program, more than $710 million...

Los Angeles, CACalifornia Governor Arnold Schwarzenegger recently announced progress in the new tax incentive program the state passed in 2009. Due to the new film and television incentive program, more than $710 million additional production spending including $310 million in direct wages alone is expected in 2010. The Golden State is staying competitive and stimulating the economy by keeping and approving 60 productions with the new incentive that were looking to leave California.

Of those 60, 26 began or completed production in 2009, adding an additional 673 filming days across the state. The remaining 34 projects already approved to receive the incentive are set to begin filming during the first half of 2010.

More than 40 other states offer persuasive incentives luring production away from the state. California is fighting back by creating it’s own incentive program.  The incentive program is available through fiscal year 2013-2014.

"This is all about jobs and stimulating our economy - it's about the  caterers, the make-up artists and countless small businesses that rely on film and television production to thrive and create jobs here in California," said Governor Schwarzenegger in a statement. "I fought hard for these economic stimulus measures because we must do everything in our power to keep Californians on the job and our economy on the road to recovery."

Information about The California Film and Television Tax Credit Program is available at  www.film.ca.gov/incentives

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