California Film & Television Tax Credit Program 2.0?

Tax Credit Program Production Alerts- Click here for up-to-date tax credit program production alerts.


RANKING SELECTION PROCESSFor information on Jobs Ratio ranking process and modified bonus points, clickhere.


Please review Program 2.0 Regulations, Guidelines, and other helpful documents for details on the Program. Please note that the Budget Tagging and Tracking Tips 2.0 has been revised and further clarifies the tagging methodology. Additionally, Interim and Final Documentation were added on the Checklistspage. See blue box on the left for links.


APPLICATION DATES

May 18 - 27, 2016: TV* Application Window - Non-Transferable Tax Credits Open ONLYto:

  1. Relocating TV Series- $33 Million in Tax Credits Available
  2. Recurring TV Projects Only- TV series, relocating TV series in their second season in California, or series from pilots that have previously received a Credit Allocation Letter.
*All TV series must have pick up orders.

May 31, 2016:Projects that rank in the top 200% will be notifiedto submit Phase II documents. Note: Credit Allocation Letters will be issued on July 1, 2016.

June 27 - July 8, 2016:Independent Projects (Transferable Tax Credits)and Non-Independent Feature Films(Non-Transferable Tax Credits)
July 11, 2016:Projects that rank in the top 200% will be notified to submit Phase II of documents.

ELIGIBLE FOR 20% NON-TRANSFERABLE TAX CREDIT (plus 5% Uplift *)

  • Feature Films: $1 million minimum budget; credit allocation applies only to the first $100 million in qualified expenditures.

  • Movies-of-the-Week and Miniseries: $500,000 minimum budget

  • New television Series for any distribution outlet; $1 million minimum budget per episode (at least 40 minutes per episode, scripted only)

  • TV Pilots: $1 million minimum budget (at least 40 minutes)

ELIGIBLE FOR 25% TRANSFERABLE TAX CREDIT (maximum credit is 25%, uplifts do not apply)

  • Independent Projects: $1 million minimum budget; credits apply only to the first $10 million of qualified expenditures. (Only independent projects may sell their tax credits.)

  • Relocating TV Series, any episode length, that filmed its most recent season outside California; $1 million minimum budget. (Additional seasons are eligible for 20%.)

* 5% CREDIT UPLIFT

Non-Independent productions (excluding Relocating Series in its first season in the state) are eligible for an additional 5% in tax credits ("Uplifts") if spending occurs in any or all of the 3 categories listed below.

  • Filming outside the Los Angeles 30-mile zone + 5%

  • Music Scoring and music track recording expenditures + 5%

  • Visual Effects expenditures (minimum spend required) + 5%

FISCAL YEAR DEDICATED FUNDING





NEW EMAIL ADDRESS

Film and Television Tax Credit Program 2.0 Applicants:IncentiveProgram2@film.ca.gov

Film and Television Tax Credit Program Applicants:IncentiveProgram@film.ca.gov