California proposes bigger tax credits and more funding to attract film and TV productions.

California lawmakers are proposing to overhaul the state's Film and TV Tax Credit program with Senate Bill 630. The bill, introduced by Senator Ben Allen, aims to boost incentives for productions by raising the tax credit to 35% and expanding eligibility to include short TV shows, animation, and certain unscripted projects. The budget for the program would also increase from $330 million to $750 million annually. The goal is to counteract the trend of productions moving to other states with more generous incentives and to support the entertainment industry in California.