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Boosters Warn California’s Film & TV Tax Credit Put At Risk By Proposed Statewide Ballot Initiative; Measure’s Backers Say “Scare Tactics” At Play
The ballot measure will raise the threshold for tax increases in the state.
Boosters of California ‘s film and TV tax credit say that the program would be at risk if a proposed initiative makes it to the ballot and passes in November — albeit that prospect is being challenged by the measure’s backers. Rob Lapsley, co-chair of the campaign and president of the California Business Roundtable, said in a statement, “Unfortunately, today’s tactics are the latest in a long list of failed attempts to mislead voters about the impacts of this measure. The Secretary of State has until June 27 to finalize the statewide ballot, and in the past there has been a fair degree of jockeying as the November election picture becomes clearer.
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