Steve Hilton, the Republican contender for California governor, rolled out a plan Wednesday to revive Hollywood production that includes increased tax credits and state-backed financing for studio repairs.
\n\nHilton, who is trailing Democrat Xavier Becerra in the polls, had previously promised to eliminate the $750 million cap on the state’s film incentive and to include actors’ salaries and other “above the line” costs in the program.
\n\nIn an expanded plan shared with Variety, Hilton offered additional details and also included an extensive proposal to support soundstage modernization.
\n\n“No governor can reverse every decision made by an entertainment company, nor should a governor try to micromanage private businesses — or indeed the structure of a fast-changing industry,” the plan states. “But California’s government is responsible for the costs and bureaucracy it imposes on people trying to work here, and for its response to competitive pressures from other places.”
\n\nBecerra has issued his own position paper for the entertainment industry, but it is shorter on details. He has refused to be pinned down on whether he would eliminate the cap on the state tax incentive, saying instead that he will wait to see what proposals come out of the state legislature. Both…
Original source: https://variety.com/v/tv/