Alerts7.10.25

California Expands Film and Television Tax Credit Program

New legislation more than doubles available tax credits, adds eligible productions and aims to boost in-state filming

film_entertainment

Highlights
  • California is revamping their Film and Television Tax Credit Program to better compete with other domestic and international production incentive programs.  
  • The annual cap on available tax credits more than doubled, with an increase from $330 million to $750 million. 
  • A supplemental bill passed by the California Legislature expands the types of eligible productions and increases the qualified expenses per project.  
  • California’s Tax Credit Program 4.0 officially opened for applications dated after July 1, 2025. 
  • Despite the program’s expansion, California still trails key competitors like Georgia and recently expanded programs in New York and New Jersey. 

California has recently taken major steps to reinvigorate its film and television industry through an ambitious expansion of its tax credit program. The changes aim to bring productions and jobs back to the state, which once stood as the undisputed center of global production but has more recently suffered from the lingering effects of unprecedented twin labor strikes, natural disasters and a stagnant economy.

Keep Up to Date in a Changing World

Do you want to receive more valuable insights directly in your inbox? Visit our subscription center and let us know what you’re interested in learning more about.
Subscription Banner