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California film tax credit bill moves closer to passage
California film tax credit bill moves closer to passage

California lawmakers could soon take action to stem the flight of television and movie productions to other states and foreign countries. Legislation to renew and possibly expand a 5-year-old state income-tax break for shooting in the Golden State cleared a key state Senate panel Wednesday and is only a few more votes away from landing on the governor's desk. The bill, AB 1839 by Assemblymen Mike Gatto (D-Los Angeles) and Raul Bocanegra (D-Pacoima) has enjoyed a smooth ride. It hasn't received a single "no" vote in two Assembly committees, the full Assembly and, most recently, the Senate Governance and Finance Committee. But a big question mark remains: How much...

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