Taxing the Future of California's Post Production Industry The recent developments in Sacramento have left industry insiders wondering if California is finally willing to invest in its post production sector.
The bill to subsidize post production advances, AB 2319, has gained momentum in the Senate Appropriations Committee with a 5 1 vote. However, its fate still hangs in the balance.
Assuming passage, the legislation would provide a refundable tax credit of 35 50% for film and TV editing and VFX work.