California Bill to Subsidize Post-Production Advances as Commercials Bill Dies

A bill to subsidize post-production in California cleared a hurdle in the state Senate on Thursday, while a separate measure to fund commercial production died. The post-production bill, AB 2319, would create a new 35%-50% refundable tax credit for film and TV editing and VFX work. The Motion Picture Editors Guild and the California Post Alliance have been pushing for the bill, arguing that California is losing jobs to other states and countries that provide their own subsidies.

The bill cleared the Senate Appropriations Committee on a 5-1 vote, and next heads to the Senate floor. Assuming the bill passes, it would still require funding.