Hollywood elite rally behind California's proposed $750M film tax credit overhaul, aiming to cement the state's status as the entertainment capital of the world.
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At the Future of Filmmaking Summit, industry leaders urged swift action to get Governor Newsom's tax credit plan through the state legislature, citing a need to stay competitive with Georgia and New York's lucrative incentives.
Insiders revealed that the proposed credits would prioritize diversity and sustainability, with a focus on funding projects led by underrepresented voices and incentivizing eco-friendly production methods.