FOR IMMEDIATE RELEASE: Wednesday, August 6, 2014 CONTACT: Claire Conlon, [email protected] or (916) 651-4022 Statement on the Extension and Expansion of California’s Film and Television Tax Credit. SACRAMENTO – Senate Appropriations Chair & President pro Tempore-elect Kevin de León (D-Los Angeles) released the following statement: “In the interest of protecting good jobs and safeguarding one of our signature industries, I’ve long been an outspoken champion for California’s Film and Television Tax Credit and I’m 100-percent committed to passing an extension and expansion of that credit this year. At the same time, having had exhaustive conversations with industry leaders and workers about the effectiveness of the current program, there seems to be growing consensus that the program can and should be strengthened to better ensure its primary objective of job creation and retention. When it comes to fueling an engine of job creation with taxpayer dollars, ‘good enough’ simply isn’t good enough anymore. We have an obligation to taxpayers in every region of this state to ensure we are doing everything in our power to maximize their return on investment. In the remaining month of this Legislative Session, I will work with my colleagues and stakeholders across the spectrum to make a good program even better – and I have every hope and confidence that we will deliver a smarter, stronger program that will keep the cameras rolling in our State for years to come.” ### Senator Kevin de León represents the 22nd District including all or parts of the City of Los Angeles, Alhambra, East Los Angeles, Florence-Graham, Maywood, San Marino, South Pasadena, Vernon, and Walnut Park. He is the Senate Appropriations Chair and is a member of the following committees: Energy, Utilities and Communications; Governmental Organization; Health and Public Safety.
Posted on: Thu, 07 Aug 2014 00:14:43 +0000
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