September 28, 2020 Breaking News, Latest News, and Videos

Santa Monica City Council Gets Behind Film & TV Tax Credit Bill:

Santa Monica is not Hollywood, but the city certainly has connections to the home base of the American film industry. Not only are there sound stages and production companies within Santa Monica, many film and television employees, executives, or professionals also live here.

Accordingly, Councilman Kevin McKeown sought on June 24 to have his colleagues support Assembly Bill 1839, which aims to “establish competitive state tax credit incentives to retain film and television jobs in California.”

Assemblyman Mike Gatto (D-Los Angeles) introduced the bill in Sacramento earlier this year. Assemblyman Richard Bloom, who previously served on the Santa Monica City Council, was one of the bill’s co-authors.

“TV and film jobs have been increasingly going to other states and other countries,” McKeown said, adding Santa Monica is home to many people who make a living in the creative arts industries, including television and film production.

Mayor Pam O’Connor pointed out that council voted in favor of supporting AB 1839 came on the heels of the news that, for the first time ever, more television pilots are filmed in New York than in Los Angeles.

Though Gatto’s bill has not yet placed a dollar figure of how large the tax credit would be, O’Connor suggested a friendly amendment to the motion that the council support of AB 1839 ultimately has California’s tax credits at least be equal to what New York offers.

According to O’Connor, California currently offers $100 million is tax credits versus $430 million in New York. O’Connor’s amendment seeks to have AB 1839 offer film and television productions within California the same $430 million offered to producers or studio heads to bring filming to New York.

The California Film Tax Credit Program was adopted in 2009 and aimed to create $500 million in credits within a five-year window. AB 1839 seeks to extend those tax credits through 2022.

As part of the extension, the amount of film tax credits available to film and television productions would be expanded. Just the same, the number of productions eligible for tax credits and incentives would also be expanded.

Other amendments proposed in AB 1839 would allow for more types of productions to take advantage of tax incentives if they remain in California.

The City Council unanimously voted in favor of supporting AB 1839. In April, the Los Angeles City Council also voted unanimously to support AB 1839.

The bill is currently in the State Senate; the State Assembly unanimously approved it on May 28.

in News
Related Posts

OpEd: The Miramar Project Will Be a New Architectural Jewel

September 27, 2020

September 27, 2020

The Miramar Hotel has been a central part of Santa Monica’s history and an integral part of the community for...

Edify TV: Trident Center Redevelopment

September 25, 2020

September 25, 2020

The Westside’s Trident Center is getting a major overhaul and new name as part of a flurry of development in...

Miramar Project to go Before City Council Tuesday

September 24, 2020

September 24, 2020

Councilmember Gleam Davis asks City Attorney whether she should rescue self from vote  By Sam Catanzaro  Santa Monica lawmakers will...

SMa.r.t. Column: Needed, A Heart Transplant

September 24, 2020

September 24, 2020

We have written about adaptive reuse in previous columns and have postulated that with proper incentives, the existing one, two...

Edify TV: Boulders Blocking Westside Encampment

September 24, 2020

September 24, 2020

City officials recently removed boulders placed on sidewalks by some Westside residents to prevent the formation of a homeless encampment....

Should Council Member Davis Recuse Herself From Voting? Santa Monica Beat – September, 24, 2020

September 24, 2020

September 24, 2020

Local news and culture in under 5 minutes. * Should Council Member Davis Recuse Herself From Voting? * Increases In...

SMC to Be Online for Winter and Spring 2021

September 24, 2020

September 24, 2020

College cites lack of available vaccine  By Sam Catanzaro Santa Monica College (SMC) has announced it will be delivering classes...

Edify TV: Al Fresco Program Ending?

September 24, 2020

September 24, 2020

During a COVID-19 pandemic many restaurants have found aid through the City of Los Angeles’ Al Fresco dining program, but...

Local Breweries Say They Have Been Unfairly Shuttered as County Passes Grant Program

September 24, 2020

September 24, 2020

$10 million grant program approved by Board of Supervisors  By Sam Catanzaro Will a $10 million grant program be enough...

Santa Monica Loses Vegan Restaurant

September 23, 2020

September 23, 2020

Space housing Santa Monica vegan restaurant Viva Vegan up for lease By Sam Catanzaro A vegan restaurant in Santa Monica...

Risks Posed by Wildfire Smoke

September 22, 2020

September 22, 2020

UCLA pulmonologist on how people can tell if the wildfires are making them sick By Toi Creel Even if you...

Will Los Angeles County See Another Spike in COVID-19 Cases?

September 22, 2020

September 22, 2020

County health officials keeping close eye on data this week By Sam Catanzaro Los Angeles County health officials are monitoring...

Edify TV: Santa Monica Fire Department Fighting Blazes Across State

September 21, 2020

September 21, 2020

The Santa Monica Fire Department has been busy helping combat wildfires burning throughout the state. Learn more in this video...

Lawmakers and Residents Take Steps Towards Police Reform

September 21, 2020

September 21, 2020

Santa Monica residents will soon have more control of policing after local lawmakers took significant steps to reform the Santa...

2020 Census Due September 30th: Santa Monica Beat – September, 21, 2020

September 21, 2020

September 21, 2020

Local news and culture in under 5 minutes. * 2020 Census Due September 30th * Bobcat Fire Reaches Historical Size...