When movie star Arnold Schwarzenegger was governor three years ago, he and the Legislature enacted a five-year program of tax credits for film production in California, aimed, he said, at curbing runaway production to other states and nation.
Although the credit, as much as $100 million a year, still has two years to run, legislation is moving to extend it for another five years.
Today, the Senate Governance and Finance Committee, on a bipartisan, 5-1 vote, approved Senate Bill 1167 by Sen. Ron Calderon, D-Montebello.
While film industry groups, including its unions, have lined up behind the extension bill, it's being opposed by education unions and health care groups because it would divert state funds that otherwise would be spent on schools and social and health services.
SB 1167 includes new layers of oversight aimed at determining what effect the tax credits have on bolstering the state's film industry.