LOS ANGELES (CBSLA.com) — Gov. Jerry Brown signed a bill Thursday to help keep production of movies and television shows in California.
The legislation offers up to $330 million in tax incentives annually to move production crews.READ MORE: Lakers down Spurs, 125-121 in Overtime
The state currently offers up to $100 million in incentives.
Los Angeles Mayor Eric Garcetti joined the governor at the TCL Chinese Theater in Hollywood as he signed AB 1839, which also removes the lottery process to pick recipients.
“Today, we remind the world that the Golden State is the home of the silver screen,” said Brown. “This bill helps thousands of Californians, from stage hands and set designers to electricians and delivery drivers.”
“This legislation targets the heart and soul of this industry and our middle class – people who swing hammers, run cable and serve food on set so they can pay the bills and spend money in our economy,” Garcetti added.READ MORE: Lawmaker Calls For Change On California Film Sets After Prop-Gun Shooting Death Of Halyna Hutchins By Alec Baldwin
The new process will be judged by the number of jobs a project will create and the economic impact.
The legislation authored by local Assembly members Mike Gatto and Raul J. Bocanegra goes into effect staring fiscal year 2015-2016 and will last for five years.
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