Overview

• Senate Bill 630 cleared the State Senate on a 34-1 vote and now moves to the Assembly floor this Thursday for approval.
• The legislation raises tax credit rates for Los Angeles-area productions from 20% to 35% and broadens eligibility to include animated series and other formats.
• Language to lift the program’s annual funding cap from $330 million to $750 million was removed in committee and will be decided during the June 15 state budget negotiations.
• The California Film Commission estimates a 40-50% boost in direct production jobs—about 4,400 to 5,500 positions—if the cap is raised to $750 million, compared with 17,000 to 40,000 jobs lost since 2022.
• Lawmakers cite competition from New York and Georgia’s more generous incentive programs as a driving force behind the expansion and the urgency to finalize California’s funding level.