NorCal Mayors Back Tax Credits For Movies, TV

San Jose, San Francisco and Oakland mayors support more tax credits for filming.

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    NEWSLETTERS

    ASSOCIATED PRESS
    Keeping "Mad Men" in California would be easier if Northern California mayors' request for an extension of tax credits to TV companies is heeded.

    Hollywood has some friends in Northern California.

    Mayors from San Jose, San Francisco, Oakland and Sacramento have all signed on to support an extension of a program that gives tax credits to television programs and movie filmed in California.

    Backing the entertainment industry with tax credits has led to "51,000 jobs" and "$4.5 billion in direct spending" since it began in 2009, the Los Angeles Times reported.

    Other states in the country have begun taking a bite out of Hollywood's business, with aggressive tax incentives as well as cheaper filming costs, the newspaper reported.

    In 2012, just a single Hollywood blockbuster was filmed entirely in California, according to the mayors, who want a passage of Assembly Bill 1839 to see the tax credit program continued.

    The $100 million in annual tax credits extending to entertainment is set to expire in 2017, the newspaper reported.