Newsom Signs California’s Standalone Postproduction Tax Credit to Bring Hollywood Jobs Home
California Gov. Newsom signed AB 2319, creating the state’s first standalone postproduction tax incentive that rewards postproduction work in California—even for projects shot elsewhere—funded with $10 million and aimed at attracting Hollywood jobs back and boosting CA’s competitiveness with New York and Georgia; supporters say it marks a historic step for the industry, with expectations for future funding as the sector recovers.