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Los Angeles Times
Source: Los Angeles Times
8 HrsLos Angeles Times
Source: Los Angeles Times
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Hollywood’s post-production workers are urging Governor Gavin Newsom to sign AB 2319, a bill establishing California’s first standalone tax incentive for post-production services including editing, sound, and visual effects. The bill has passed both legislative chambers and is awaiting Newsom’s decision by September 30. The initiative aims to counter the decline of local post-production work, which has moved elsewhere, and support industry jobs by offering a 35% to 50% credit on qualified expenses in California without requiring filming to occur in the state.
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