L.A. AREA CHAMBER APPLAUDS GOVERNOR GAVIN NEWSOM ON EXPANSION OF THE FILM & TELEVISION TAX CREDIT PROGRAM

by L.A. Area Chamber

LOS ANGELES, CA - OCTOBER 28, 2024 - The Los Angeles Area Chamber of Commerce commends Governor Gavin Newsom on the proposed expansion of California's Film & Television Tax Credit Program. This program has the potential to generate tens of billions of dollars in investments, and create approximately 200,000 jobs. This investment in the California's Film & Television Tax Credit Program will secure the state's role as the entertainment capital of the world.

"We applaud Governor Gavin Newsom for his dedication to ensure California remains competitive in the film and television industry. This industry provides key jobs to small businesses and large organizations which help drive our economy," said Maria S. Salinas, President and CEO of the Los Angeles Area Chamber of Commerce.

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About The Los Angeles Area Chamber of Commerce

The Los Angeles Area Chamber of Commerce represents the interests of a broad spectrum of organizations across the private, non-profit, academic, and public sectors, including the business community, job creators, and innovators in the Los Angeles region. Our mission is to design and advance opportunities and solutions for a thriving regional economy that is inclusive and globally competitive. As the oldest and largest business association in the region, the Chamber has a long-standing history of convening business leaders, communities, and policy makers to promote a vibrant economy. For more information visit www.lachamber.com.