The California Film Commission (CFC) enhances California's status as the leader in motion picture, television and commercial production.

 

A one-stop office for filmmakers, the Commission supports productions of all sizes and budgets. In addition to managing the Film & Television Tax Credit program, services include an extensive digital location library, free online permitting, low cost use of state properties as shooting locations, and production assistance.

 

7080 Hollywood Blvd. Suite 900

Hollywood, CA 90028

323.860.2960

800.858.4749

 

filmca@film.ca.gov 

www.film.ca.gov 

 

(c) 2014   

California Film Commission


 

 

 

February 6, 2015 

 

 CALIFORNIA TAX CREDIT PROGRAM - KEY DATES

 

The California Film Commission is currently developing regulations and other procedures to administer the state's newly expanded Film and TV Tax Credit Program 2.0. The new program will replace the original lottery-based program, which will end this fiscal year with the final tax credit lottery on April 1, 2015.

 

Once protocols are finalized for the new program, the CFC will conduct workshops and webinars to explain the new on-line application and ranking system.


                                                                                           

April 1, 2015 - Old Program: FINAL APPLICATION PROCESS VIA LOTTERY

 

The old program has been successful in attracting and retaining various types of productions - especially television series. Many of these series currently in the program will be returning for an additional season of production and will continue in the program.

 

Our regulations require the CFC to reserve credits for renewed TV series prior to the lottery. Therefore, it is likely that a substantial portion of the tax credits for this year's lottery will be reserved in-advance to accommodate those returning TV series. This means fewer credits will be available for new productions and the final tax credit lottery will not be open to studio projects (i.e., those produced by publicly traded companies). Only Independent* projects may submit an application for April's final lottery.  

  • As in prior years, $10 million in tax credits will be reserved for Independent projects; selection via lottery
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  • Credit allocations will be issued starting July 1, 2015; principal photography may not begin prior to receiving a credit allocation
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  • Projects will be selected based on old eligibility rules (i.e., qualified expenditures for independent projects may not exceed $10 million)

                                                                                           

May 11-17, 2015 - New Program: FIRST APPLICATION PERIOD (for non-independent TV projects only)

 

For fiscal year 2015-16 (July 1, 2015 - June 30, 2016) there will be two application periods for each type of eligible project.  Application period for other categories will be this summer - dates to be announced. 

  • $55.2 million in tax credits available for New TV series, TV pilots, MOWs, Mini-series for any distribution transmission
     
  • $27.6 million in credits available for Relocating TV Series** 
     
  • Projects will be selected via a new competitive ranking system based on jobs and other criteria
  •  

  • Credit allocations will be issued on or after July 1, 2015; principal photography may not begin prior to receiving a credit allocation 

*Independent film is defined as a motion picture with a minimum budget of $1 million and a maximum qualified spend budget of $10 million, produced by a company that is not publicly traded and is not more than 25 percent owned (directly or indirectly) by a publicly traded company.
 

**Relocating TV Series is defined as a television series, without regard to episode length or initial media exhibition, with a minimum production budget of one million dollars ($1,000,000) per episode, that filmed its most recent season outside of California, and for which the taxpayer certifies that the credit provided pursuant to this section is the primary reason for relocating to California.

 

 For more information visit: www.film.ca.gov/incentives