The CA State Assembly recently passed a bill to extend the CA film tax credit program. The bill would provide an additional $500 million in CA film tax credit funding through fiscal year 2014. The Senate is expected to vote on the bill later this summer.
Here's a PDF of 2011 progress report -http://www.assembly.ca.gov/acs/committee/c187/Publications/Hearing_032111/Tax%20Credit%20FINAL%20Hearing%20Packet.pdf
And here's a link to the CA Commission's Film Tax Credit Program -http://www.film.ca.gov/Incentives.htm
And the actual bill itself - AB 1069: http://www.leginfo.ca.gov/bilinfo.html
Write to me if you have any questions on how to take advantage of this program.
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