Newsom Lobbies For Film And TV Tax Credit Expansion ...Middle East

Sacramento, CA — Governor Gavin Newsom is calling on lawmakers to spend $1.65 billion to extend the state’s Film and Television Tax Credit program for an additional five years, through 2030. The program annually allocates $330 million to offset filming expenses in an effort to encourage production in the state. Many entertainment companies are based in California, but filming sometimes often takes place in other areas because of the high cost of doing business in California. Newsom indicates that abortion rights are a part of his decision for supporting the extension. He argues that the entertainment industry is currently pushing back on some states that are looking at potentially banning ab

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