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Gavin Newsom: “We wanted to extend it to create some more certainty...for…”

Featuring: Gavin Newsom, Democratic | Governor of California

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California Governor's Proposal to Expand Film Tax Credits

Published | Video Starts at 01:38

We looked at the criteria of consideration as it relates to making sure we represent our values when we talk about labor and workforce. We wanted to make sure that was codified in terms of the existing program. We wanted to extend it to create some more certainty...for an additional five years, was due to expire in 2025. And we wanted to build on the work we did a prior few years before. And that was a one time appropriation, about $150 million to address some of the soundstage issues and the like. (01:38–01:46)

CLAIM

Asserts that the film tax credit program was extended for five more years, originally set to expire in 2025.

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