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Producer Scott Budnick Details How Hollywood Got California Lawmakers To Agree On Film & TV Tax Credit Program Expansion
1Community founder Scott Budnick spoke with Deadline about how Hollywood convinced California lawmakers to prioritize Hollywood in a tough year
The California production community will be keeping a close eye on the State Capitol Friday as lawmakers are set to seal the deal on the expansion to the Film & TV Tax Credit Program, offering some crucial amendments to the current initiative and boosting its funding to $750M annually. Most recently, the company debuted the Vince Vaughn-starring Nonnas on Netflix, also simultaneously launching an impact campaign called Stories from the Table about love, food and the people who shape our daily lives. I think people worried about the most progressive legislators who thought that cuts to social safety nets and Medicaid and other things were way more important to prioritize than a film and tax credit that was really seen to be for the rich, for the big studios and streamers.
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