ANNOUNCEMENT 01 Jan 2015

In January 2015, announced a change in private-sector financial support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



http://www.latimes.com/entertainment/envelope/cotown/onlocation/la-et-ct-brown-film-tax-credit-20140916-story.html and http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140AB1839.


Inception date: 01 Jan 2015 | Removal date: open ended
Still in force

Financial grant

The governor of California signed into law on September 18, 2014 a bill (AB 1839) that increases the level of state subsidies to the motion picture industry from the current $100 million per year to $330 million annually over five years, beginning in 2015. The measure also provides for a wider range of projects that qualify for the subsidies, including large-budget features and pilot episodes for television, and would phase out a lottery system that had been used to select applicants.

AFFECTED SECTORS

 
961

AFFECTED PRODUCTS

 
N/A