Film Legislation:
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SB 58 by Senator Kevin Murray, as amended on April 18th, would authorize
a credit against those taxes for taxable years beginning on or after
January 1, 2005, in an amount equal to 15% of the qualified amount
for qualified wages paid or incurred with respect to the production
of each
qualified motion picture. The bill is scheduled to be heard in Senate
Revenue and Taxation Committee on June 8. Since this is a tax/ urgency
bill and needs a 2/3 vote, it is not subject to the deadlines, which
affect other measures.
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AB 261 by Assemblyman Paul Koretz, 'Film California First', was never
heard in committee and is dead for the year.
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AB 1437 by Assemblymember Audrey Strickland is already in the Business
and Professions Committee in the Second House after passing the Assembly
unanimously. The bill establishes the Film Promotion and Marketing
Fund into which funds from public and private sources will be deposited
and
allocated to the California Film Commission (CFC). It requires the
proceeds received by the CFC from the sale of location library documents,
photocopying,
and other film-related informational documents to be deposited into
the marketing fund.
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AB 777 by Speaker Nunez which would require the California Film Commission
(CFC), in collaboration with specified state entities (including
labor unions), to conduct a statewide analysis of the impact of runaway
film
production on the California film industry and report back to the
Legislature no later than March 1, 2006. Assemblymember Ed Chavez jockeyed the bill
on the floor and it passed 59 to 2 on June 1st. Now it goes to the
Senate Rules Committee.
Film Appointment:
Ron Cowan, a Belvedere Democrat and CEO of the Doric Group real estate
management company, was appointed to the California Film Commission on
June 1st. His term runs through May 18, 2007.
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