The effort to extend California's filming tax credit beyond its 2020 expiration date has passed a key government hurdle, moving the initiative closer to a vote by the state's legislative body.
On Wednesday, the Senate Governance and Finance Committee gave its stamp of approval to the bill, known as SB 832, which would extend the tax credit program by five years to 2025. The bill would keep the annual limit of new credits at its current level of $330 million.
