California Assembly urges expanded film tax credit to support local jobs and industry

Los Angeles City Council members are taking significant steps to bolster the local film and television industry, which has faced increasing competition from both other states and countries. During a recent meeting, a council member highlighted the success of California's film and television production tax credit, which has generated an impressive $26 billion in economic activity since its inception in 2009 and saved nearly 200,000 jobs. This tax credit has proven to be a powerful economic driver, yielding over $24 in economic activity for every dollar invested.

However, the council member expressed concern over the growing challenges posed by foreign competition, particularly for blue-collar jobs that support the industry, such as carpenters, electricians, and camera operators. These jobs are vital not only for families in Los Angeles but also for local businesses that rely on the film industry.

In response to these challenges, the council recently approved a motion aimed at streamlining the permitting process for filming in Los Angeles, transforming bureaucratic hurdles into opportunities for film crews. This initiative is expected to enhance the city's appeal as a filming location.

Additionally, the council is advocating for two state measures—Assembly Bill 1138 and Senate Bill 630—that aim to expand access to the film and television tax credit for small and independent producers. The council member urged fellow members to support these measures and called for a federal tax credit for motion picture production, emphasizing that other countries provide similar support for their film industries.

The council's actions reflect a commitment to preserving and enhancing the film industry's presence in Los Angeles, ensuring that it continues to thrive and contribute to the local economy. As these initiatives move forward, the city aims to maintain its status as a leading hub for film and television production.