California’s Film & Television Tax Credit Program Creating Jobs and Revenue within the State
March 20, 2014. A report released by the Southern California Association of Government shows that 109 projects have taken advantage of California’s Film & Television Tax Credit program and these projects reported total spending in California of $1.9 billion, of which $1.2 billion qualified for tax credits. This activity generated $4.3 billion in economic output in California, and supported 22,300 jobs with labor income of $1.6 billion. It is estimated that this activity generated state and local taxes of almost $248 million.