LOS ANGELES – Governor Edmund G. Brown Jr. will join legislative leaders and dozens of film and television workers tomorrow in the heart of Hollywood, where he will sign legislation – AB 1839 by Assemblymembers Mike Gatto (D-Los Angeles) and Raul J. Bocanegra (D-Los Angeles) – to expand, extend and improve California’s Film and Television Tax Credit Program.
“This law will make key improvements in our Film and Television Tax Credit Program and put thousands of Californians to work,” said Governor Brown in late August after he reached a deal with Republican and Democratic lawmakers on the bill.
The legislation will increase the state’s film and television tax credit to $330 million a year for five years beginning with fiscal year 2015-16 and replace the current flawed and arbitrary lottery system with a more competitive and accountable system that ranks applicants according to net new jobs created and overall positive economic impacts for the entire state.
When: Tomorrow, Thursday, September 18, 2014 at 10:00 a.m.
Where: TCL Chinese Theatre IMAX, 6925 Hollywood Blvd, Los Angeles, CA 90028
**NOTE: This ceremony is open to invited guests and credentialed media only.