California Lawmakers Officially Carve Out Compromises For Film Industry On Corporate Tax Credit Cap
What happened
The California Legislature has approved a budget fix for the entertainment industry that allows studios to cash in their tax credits faster. Both the Assembly and state Senate passed the bill, SB 186, before the end-of-session deadline of midnight on Monday. The measure seeks to address concerns raised by Hollywood stakeholders after the Legislature imposed […]
Summary assembled by rule from the sources below