statement on his website. “Extending this program will help ensure California’s world-renowned entertainment industry continues to drive economic growth with good jobs and a diverse, inclusive workforce.”If the bill, dubbed “SB 485,” is passed, it would extend the credit past 2025, which is when the current tax credit is expected to expire.Newsom also tweeted out an ad on Wednesday slated to run in newspapers that condemns anti-abortion states like Georgia and Oklahoma, which it claims have “waged a cruel assault on essential rights.”Today, Hollywood will wake up to this ad.Time to choose.You can protect your workers, or continue to support anti-abortion states that rule with hatred.We’re here for you.
We’re extending tax credits for those that come home to the Golden State.Choose freedom.Choose CA. pic.twitter.com/9Bcmc6zpduNewsom’s bill comes a year after he signed a temporary increase to the program that added $180 million over two years to support Hollywood’s production elsewhere.
The governor said he hopes to keep productions in California even though states like Georgia also offer competitive industry tax incentives.
The film and TV industry has upped its spending in Georgia from $2.9 billion in 2019 to $4.4 billion in the past fiscal year despite the passage of legislation that banned abortions after the detection of fetal heartbeats, according to the Hollywood Reporter.Georgia has been a hot spot for productions with shows like “Stranger Things” and “Atlanta” shooting in the state.
Read more on nypost.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.