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Lawmakers Offer Film Industry a Fix on California Tax Credit Cap

Variety Aug 20, 2026 · 9:41 PM 👁 0 views ❤ 0 likes

Lawmakers in Sacramento introduced a budget fix on Thursday that helps film producers by adjusting a state cap on tax credits. The agreement, first reported by Variety on Tuesday, falls short of a full carveout for film and TV tax credits from a blanket $5 million annual cap, which industry leaders have been seeking since […]

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Lawmakers Offer Film Industry a Fix on California Tax Credit Cap

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