UPDATED, 4:25 PM: California Gov. Gavin Newsom signed a invoice at present that extends the state’s $330 million-a-year Movie and TV Tax Credit score Program for an extra 5 years. The California Movie Fee, which administers this system, says that it’ll create an estimated 60,000 jobs and $10 billion of funding over that point.
“California’s iconic entertainment industry drives economic growth in communities all across our state,” the governor stated. “Over the past years, our Film and Television Tax Credit Program has helped create thousands of good paying jobs, relocated productions to California, and brought billions in new investment to our state. Through the extension of the program, we’ll continue this growth, protect jobs, and push for progress on diversity so workers better represent communities throughout our state.”
Mentioned Colleen Bell, the movie fee’s govt director: “Today’s fantastic news regarding California’s Film and TV Tax Credit Program is a testament to Governor Newsom’s leadership and the Legislature’s commitment to the industry. For more than a century, our unmatched crews, talent, infrastructure and locations have made California the world’s entertainment capital. The extension of our tax credit program will strengthen our global competitiveness and deliver significant, long-term value to California’s economic future.”
Productions concerned in earlier variations of this system “generated more than $23 billion in economic output and supported the employment of more than 178,000 cast and crew,” the Fee stated. This new finances will create the state’s fourth-generation movie/TV tax credit score program – often known as Program 4.0.
Listed below are different statements on at present’s invoice signing.
At the moment with the signing of SB 132, Governor Gavin Newsom stored his promise to the individuals working in California’s movement image business. By extending the California Movie and Tv Tax Credit score Program by means of 2030, Californians can work the place they dwell, near their households and communities.
Moreover, SB 132 contains new variety provisions which mirror the values of California, in addition to a groundbreaking first-in-the-nation Manufacturing Security Pilot Program, authored by Senator Dave Cortese, establishing clear and enforceable security requirements for these engaged on a manufacturing, and a devoted security advisor to implement them on the bottom.
SB 132 is critically essential to the way forward for movement image, tv, and streaming manufacturing within the state of California by retaining us aggressive with different states providing incentives. This invoice preserves good middle-class jobs which can be protected and accessible to all working households in California.
From Movement Image Affiliation Chairman and CEO Charles Rivkin:
“The California Film and Television Tax Credit program has led to the creation of hundreds of thousands of high paying union jobs, it’s supported countless local businesses, and pumped billions of dollars into the state’s economy. The 4.0 version of the program, signed into law today by Governor Newsom, will build on that success by creating new commitments to diversity, equity, and inclusion and establishing a pilot program on production safety, among other provisions. I want to thank Governor Newsom for his unwavering leadership on behalf of California’s creative community, as well as the many champions in the legislature for passing this important extension and enhancement to the production incentive program.”
PREVIOUSLY, June 27: California’s Legislature handed a invoice at present that extends the state’s movie incentives program by means of 2030 and establishes the nation’s first security protocols in legislation for tv and movie staff. The invoice, AB/SB 132, now could be headed to the desk of Gov. Gavin Newsom, who is predicted to signal it.
Since its inception, this system has generated $8.4 billion in certified wages paid to 1.85 million California staff. The 656 movie, tv and streaming productions receiving the tax credit score since 2009 spent $23.2 billion in California, in keeping with the Leisure Union Coalition, which is made up of SAG-AFTRA, the Administrators Guild, the California IATSE Council, Teamsters Native 399 and Laborers Union Native 724.
“Along with the extension of the California Film and TV Tax Incentive program, significant new diversity provisions and a landmark Safety on Production Pilot Program were included in AB/SB 132,” the coalition stated in a press release. “We thank Senate Professional Tem Toni Atkins and Speaker Anthony Rendon for his or her longstanding assist; Senator Steve Padilla and Assemblymember Wendy Carrillo for his or her months of Subcommittee work on this laws; Assemblymember Luz Rivas and Senator Maria Elena Durazo and the members of the Los Angeles County Delegation for his or her well timed motion to maintain this extremely profitable tax incentive program working for our members and our state.
“Finally, we thank Senator Dave Cortese for his unwavering support over the past two years in helping to draft and secure the passage of this unprecedented production safety legislation, which once again puts California in the forefront of workplace safety. Preserving good middle-class jobs that are safe and available to all Californians is something we can all be proud of.”
The state finances settlement, which includes Cortese’s SB 735, additionally establishes the nation’s first security protocols in legislation for tv and movie staff. The bipartisan laws displays two years of negotiations between studios and labor representatives following the 2021 demise of a cinematographer Halyna Hutchins on the Rust movie set in New Mexico.
“Conversations about this legislation started the week after the tragic loss of a cinematographer,” stated Cortese, who chairs the Senate Committee on Labor, Public Employment, and Retirement. “Those negotiations have produced the nation’s first and best safety practices for California workers in the state’s vital motion picture industry. The agreement will also boost diversity on film productions and create an industry pipeline for students of color, and it will uplift local economies by helping to keep motion picture productions in California. This agreement establishes best practices statewide that were already in use among Hollywood’s top studios. I commend Governor Newsom, the film studios and unions for their commitment to film safety.”
The invoice protects movie and TV staff by establishing obligatory tips round the usage of firearms and ammunition on productions, establishes coaching necessities and security requirements for prop masters and armorers. It additionally prohibits the usage of dwell ammunition besides in restricted circumstances following security guidelines and legal guidelines.
The invoice additionally creates a five-year security pilot program requiring any employer who receives a movement image tax credit score to rent an impartial security adviser to conduct preproduction threat assessments and oversee security practices and procedures in movement image, TV and streaming productions.
Mike Miller, head of IATSE’s West Coast workplace, stated: “IATSE and its 54,000 members working in California owe the landmark Safety on Productions Pilot Program legislation in AB/SB 132 to Senator Dave Cortese, who for the past two years, has stood by his commitment to work with us to move industry safety protocols from rules on paper to actual enforcement on the ground. Our unique industry faces a myriad of hazardous and potentially hazardous activities that take place daily. Now, starting here in California, with productions that receive the California Film and Television Tax Credit 4.0, IATSE members, and everyone who works on these productions, will know that safety is important, not only to them but to the Governor and legislature as well.”
Mentioned Rebecca Rhine, Western Govt Director of the Administrators Guild: “We thank Senator Cortese for his leadership on this transformational legislation that will prioritize safety in our industry and save lives. Now DGA directors and their teams, along with all other cast and crew members, have a skilled and experienced ally and collaborator on production whose sole focus is keeping everyone safe. While this model starts with the film tax incentive in California, we look forward to the day it becomes the standard across the country.”
Erik Pedersen contributed to this report.