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Garcetti sees progress on film tax credit negotiations
Garcetti sees progress on film tax credit negotiations

Los Angeles Mayor Eric Garcetti said Wednesday that Gov. Jerry Brown has agreed to support an expansion of California's film tax credit, a high-profile effort to keep production jobs in the state. It's unclear, however, how large the expansion would be. Garcetti wants $420 million, which is equal to New York's credit and more than four times the size of California's current $100 million offering. "We have to be competitive," said Garcetti, who was flanked by other California mayors during a press conference in the Capitol. He added, "There is no other economic development incentive program in the state of California that, for so few dollars, creates...

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