Bill in California Expected to Give Tax Break to Film and TV

Need2Know Headlines

Hollywood is about to get a big tax perk from the state of California. A bill that's expected to get signed today by California. Governor Gavin Newsom would extend the state's tax incentive program for movie and TV productions for five years included in this bill. Studios with more tax credits than they can use will be able to exchange them for cash. The bill also adds tax credits for following the new onset firearm safety protocols that came after that deadly rust set shooting.