Hawaii Film Blog

Tuesday, January 03, 2006

Governator to Terminate Hope for CA Film Incentive?



There is little hope that Gov. Arnold Schwarzenegger will mention anything about California tax incentives for film in his State of the State address on Thursday. Instead, the Governator is expected to announce a huge $50 billion upgrade of California's infrastructure. And, the CA film incentive bill that died last session, AB 777, has only shown weak signs of reprisal so far among its original proponents.

Supporters of that bill had commissioned a study that found that a $70 million feature film with a 75-day shooting schedule in California generates:

  • Temporary jobs for 588 cast and crew and 1,182 extras (equivalent to 141 full-time, one-year jobs as well as 425 full-time indirect jobs)
  • $199 million in direct and indirect economic activity
  • $10.6 million in sales and income taxes paid to the state

>> Incentive bill still chancy in '06 legislature [Hollywood Reporter, 1/3/06]

RELATED POSTS:
>>
Doom & Gloom for L.A. Film Industry
>>
LA vs. L.A.
>>
Goin' Back to Cali

Like this post? Be social & share it:
digg   Reddit   del.icio.us   NewsVine   Technorati