The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - The budget package increases the annual allocation of credits available under the Film and Television Tax Credit from $330  million to $750  million. This increase applies to version 4.0 of the program from fiscal years 2025-26 through 2029-30 and is estimated to reduce state revenues by $209  million per year by 2028-29, and more than this in subsequent years.
https://lao.ca.gov/Publications/Report/5081/

The 2021-22 Spending Plan: Other Provisions

Sep 23, 2021 - From the increased amount of credits, $75  million is for recurring television series and $15  million is for television series that relocate to California from other states. The budget package also places new limits on the total amount of credits any one recurring television series may receive.
https://lao.ca.gov/Publications/Report/4452