Gavin Newsom Signs Bill Creating $10 Million Post-Production Tax Credit

60-Word AI Digest
Gov. Gavin Newsom has signed a measure to create a $10 million tax credit meant to stem the tide of post-production jobs to other states and overseas. The bill, AB 2319, passed the state Assembly and Senate last month by wide margins. Supporters, including the Motion Picture Editors Guild, had pushed for a credit that […]
Key Takeaways
- Gavin Newsom has signed a measure to create a $10 million tax credit meant to stem the tide of post-production jobs to other states and overseas.
- The bill, AB 2319, passed the state Assembly and Senate last month by wide margins.
- Supporters, including the Motion Picture Editors Guild, had pushed for a credit that […]
Gov. Gavin Newsom has signed a measure to create a $10 million tax credit meant to stem the tide of post-production jobs to other states and overseas. The bill, AB 2319, passed the state Assembly and Senate last month by wide margins. Supporters, including the Motion Picture Editors Guild, had pushed for a credit that […]
Original Publisher Attribution
This summary was curated from Variety.