Variety · Entertainment · 2026-08-20
Lawmakers Offer Film Industry a Fix on California Tax Credit Cap
Lawmakers in Sacramento introduced a budget fix on Thursday that helps film producers by adjusting a state cap on tax credits. The agreement, first reported by Variety on Tuesday, falls short of a full carveout for film and TV tax credits from a blanket $5 million annual cap, which industry leaders have been seeking since […] Lawmakers have introduced a bill to amend a cap on film and TV tax
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