While California, specifically Hollywood, is the legendary film and television capital of the planet, productions have been fleeing to shoot in other states. New York, Louisiana, Georgia — to name but a few competing states — and other countries abroad not only have coveted but they’ve snatched Hollywood’s runaway business, arguably in some measure due to more attractive tax credits for filming. New York, for example, offers about $400 million annually in such lures, four times the amount now offered by the Golden State. Gov. Jerry Brown (right, in Damian Dovarganes, AP photo), of course, recently signed AB1839, which will triple the annual tax credits available to movies and television shows produced in California, so that clattering sound audible may be word processing equipment in law offices all across Southern California churning out applications for the credits, which Brown says of the law he signed, “will make key improvements in our film and television tax credit program and put thousands of Californians to work.” AB1839 kicks in, in fiscal 2015 and proponents argue it will draw back business to California, making it easier for the state to compete with other states and countries. The Motion Picture Association of America, for example, underscores the economic significance of the industry and its chief has been an outspoken proponent. Naysayers? Yup, there’s criticism aplenty that for taxpayers, this is an expenditure that doesn’t return what it’s supposed to, especially in jobs.
Will millions curb Calif.’s runaway film trade?
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