CA Film & TV Tax Credit Expansion Bill Clears State Assembly Committee: “Motion Picture’s Last Hope For California”

California's Film and Television Tax Credit Program is inching closer to reform after the State Assembly approved a bill that would significantly boost its incentive. The $330 million cap set by the program will rise to $750 million annually under AB1138, which also expands eligibility to include series, animation films, and shorts. While Hollywood workers and industry leaders support the measure, it initially faced opposition from AICTP but may now consider commercials as eligible projects. The bill has moved forward with seven "yes" votes in the Assembly, signaling progress toward broader reform.