Personal income tax and corporation tax: Equitable Opportunities Film Credit.
This bill failed and is no longer moving.
- Stage
- Failed
- Started in
- Assembly
- Latest action
- Feb 1, 2022
What it does
The Personal Income Tax Law and the Corporation Tax Law allow various credits against the taxes imposed by those laws, including credits, in specified percentages, to a qualified taxpayer for qualified expenditures for the production of a qualified motion picture in California (film credits) . Existing law, under the film credits, permits a qualified taxpayer to receive 25% of the qualified expenditures attributable to the production of a qualified motion picture that is an independent film, with a total limit of up to $10,000,000.
Where it stands
This bill failed and is no longer moving.
Failed
This bill failed and is no longer moving.
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
Loading coverage…