Today, the California Film Commission announced the first round of recipients for feature films and independent projects, bringing back jobs and revenue to California as promised by AB 1839, known as the California Film and Television Job Retention and Promotion Act of 2014. The film tax credit program was spearheaded by Assemblymembers Mike Gatto (D-Glendale) and Raul Bocanegra (D-Pacoima).
The legislation, introduced by Gatto and Bocanegra in January 2014, was co-authored by more than sixty-five legislators, and received bipartisan support. The bill also had the support of the business and labor community across California because of its focus on high-wage jobs for below-the-line workers. It significantly expanded and improved the state’s film tax incentive program to keep production jobs in California, including a five year program extension, an increase in the program’s budget allocation to $330 million annually, and the creation of a new competitive jobs rating system to determine which projects will receive the credits.
| California Film & TV Tax Credit Program 2.0 | ||
| Program Year 1 – Allocation # 2 Conditionally Approved Projects | ||
| Production Title | Company Name | Production Type |
| Chicken Soup For The Soul | Alcon Entertainment LLC | Indie Project |
| Code Name Veil | Code Name Veil Movie LLC | Indie Project |
| Twin Peaks | Rancho Rosa Partnership, Inc. | Indie Project |
| Production Title | Company Name | Production Type |
| Action Park | Paramount Pictures Corporation | Non-Indie Feature |
| Avon Man | 20th Century Fox Film Corporation | Non-Indie Feature |
| Conjuring 2 | S&K Pictures, Inc. | Non-Indie Feature |
| God Particle, The | Paramount Pictures | Non-Indie Feature |
| Overnight | Robotopia Productions, Inc. | Non-Indie Feature |
| Untitled Dax Shephard Comedy | Warner Bros. Pictures | Non-Indie Feature |
| Whale | Newsub 76 Productions, Inc. | Non-Indie Feature |
| Why Him | 20th Century Fox Film Corporation | Non-Indie Feature |
