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California film reports career California

California’s Film & TV Tax Credit Generates $2.6 Billion in Annual Production Spending

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California Film Commission (CFC).Program 3.0, launched on July 1 2020 as part of the state’s effort to fight runaway production, follows up the five-year Program 2.0, launched in 2015, and the state’s first generation tax credit program, launched in 2009.The report provides an overview of Program 3.0’s first fiscal year by looking at approved projects including big-budget films and relocating TV series as well as production activity and access to career training and jobs.

The report also tracks COVID compliance expenditures. During the pandemic, projects have been able to include COVID-related expenses as qualified expenditures in their tax credit applications.

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