Raman urges governors to back Hollywood tax credits
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- Nithya Raman urged gubernatorial candidates to support uncapped tax incentives for film and TV production while standing outside Radford Studios with entertainment figures Mike Schur, Cord Jefferson, and Kay Cannon.
- Mayor Karen Bass also called for uncapped state tax credits, cut city location fees, and secured backing from three below‑the‑line Hollywood unions.
- Steve Hilton is the only Republican front‑runner who has pledged unlimited state tax incentives for Hollywood productions.
- Xavier Becerra pledged to increase the $750 million film tax credit program but stopped short of promising an unlimited credit.
- Matt Mahan pledged to eliminate the cap on the tax credit, though no cost estimate was given.
- Antonio Villaraigosa also pledged to eliminate the cap on the tax credit, without revealing the expense.
- Nithya Raman called for an early extension of the $750 million tax incentive program, which expires in 2030, and warned against candidates relying on AI‑generated campaign videos.
Why it matters: The $750 million Hollywood tax credit, set to expire in 2030, underpins middle‑class jobs and city revenue; an early extension and uncapped incentives could keep production in Los Angeles, while a cap or lapse would threaten those jobs and the local economy.
