Income tax: credits: commercial production.
Vote required
Majority
Fiscal committee
No
Appropriation
No
Current location
Appropriations
Take action
Record your position on this measure.
Create an account to record your position, submit testimony, or contact your legislator.
Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill creates a new tax credit for qualified commercial productions made in California. It allows companies to claim a percentage of production costs (20% or 30%, depending on filming location) in excess of $500,000, provided the production meets specific labor standards and excludes productions entirely created by generative artificial intelligence. The California Film Commission will administer the credit, and there are limits on the total amount allocated annually.
Key provisions
- Allows a 20% or 30% tax credit on qualified commercial production costs (above $500,000) for productions made in California.
- Excludes commercials created entirely by generative artificial intelligence.
- Requires qualified commercials to adhere to specific labor standards, including wages and health insurance.
- The California Film Commission will establish an application process and allocate credits annually.
- Limits the total credit amount allocated annually to $15,000,000.
- Requires certifications under penalty of perjury.
- Requires the California Film Commission to collect and report data on credit recipients and production activities.
- Specifies filming location criteria (Los Angeles Zone vs. Outside Zone).
Who is affected
- Commercial production companies
- Filmmakers
- California residents
- The California Film Commission
- The Franchise Tax Board
Bill text
Read the latest version inline or switch to a previous version.
Text extraction is in progress. View the official source.
Sponsors
Official sponsors from legislative records.
6 on record
Primary sponsor
Cosponsors
Arguments
Reasons offered for and against this legislation.
Arguments in favor
No arguments in favor have been submitted.
Submit yoursArguments opposed
No arguments opposed have been submitted.
Submit yours