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California capped business tax credits at $5M/year in June and didn't exempt Hollywood, which is trying to fix the issue before the legislature ends August 31 (Katie Kilkenny/The Hollywood Reporter)

Mediagazer · last updated

Katie Kilkenny / The Hollywood Reporter:
California capped business tax credits at $5M/year in June and didn’t exempt Hollywood, which is trying to fix the issue before the legislature ends August 31  —  A new bill, signed into law on June 29, could persuade film and TV projects to take their business elsewhere.

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