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Will Georgia propose an increase in film tax incentives by mid-2025 in response to California?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from Georgia's government or legislature
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Gavin Newsom to Propose Doubling California Film Tax Incentives to $750 Million
Oct 27, 2024, 03:26 PM
Governor Gavin Newsom is set to announce a proposal to bolster the struggling TV and film industry in California. Responding to pleas from the industry, which has faced labor unrest and disruption, Newsom plans to more than double the size of the state's film tax incentive program. The proposal aims to increase the annual cap from $330 million to $750 million, including a $420 million raise in tax credits. This move is intended to retain film jobs in California, as other states like Georgia and New York have been attracting projects with their own incentives. The announcement is expected on Sunday, with Mayor Bass also involved in the major proposal.
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Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Increase production in CA • 25%
Maintain current levels • 25%
Decrease production in CA • 25%
Relocate production out of CA • 25%
Approved as proposed • 25%
Approved with modifications • 25%
Rejected • 25%
No decision by deadline • 25%
Tax credit incentives • 25%
Economic recovery • 25%
Technological advancements • 25%
Other factors • 25%
Yes • 50%
No • 50%
Higher growth in CA • 25%
Higher growth in other state • 25%
Equal growth • 25%
Decline in both • 25%