Lawmakers Approve Big Increase in California’s Film Tax Credit to $750 Million Yearly

The move aims to keep more film production in California. The newly increased program will continue through June 30, 2030.
Lawmakers Approve Big Increase in California’s Film Tax Credit to $750 Million Yearly
The Hollywood sign in Los Angeles on Nov. 16, 2005. David McNew/Getty Images
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More help for struggling Hollywood productions is on the way starting next month as a measure to increase California’s film and television tax credit budget from $330 million annually to $750 million was approved by state legislators June 27.

The increased tax credit program was included as a trailer bill added to the fiscal 2026 Budget Act, which passed June 13. Gov. Gavin Newsom is expected to sign the budget Friday after negotiations with legislative leaders wrap up.
Jill McLaughlin
Jill McLaughlin
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Jill McLaughlin is an award-winning journalist covering politics, environment, and statewide issues. She has been a reporter and editor for newspapers in Oregon, Nevada, and New Mexico. Jill was born in Yosemite National Park and enjoys the majestic outdoors, traveling, golfing, and hiking.