California Hands Out Annual Film Tax Credits
Everybody else, go find someplace cheaper to shoot
The lottery is over. The winners are 31 film and TV producers who were vying against hundreds of others for a piece of California's $100 million in film tax credit funds.
The California Film Commission said Tuesday that 380 projects had applied for a piece of the $100 million the state allocates annually for film and television projects — a nearly 20% jump over last year, and a new record high.
Because of limited funds, however, only 31 of those 380 applicants were approved for funding.
