Assembly approves expanded & improved program for entertainment industry

Assembly approves expanded & improved program for entertainment industry

California State Assembly approved the California Film & Television Job Retention & Promotion Act of 2014 by a unanimous vote of 71-0.

The new Act aims to retain film & television industry jobs by replacing the current measure that provides $100 million per year to the industry. The Golden State has been suffering flow of production and jobs to other states and countries for the last many years. The existing measure couldn't prove to be enough to stem the flow.

The legislation authored by Democrat Assemblymen Mike Gatto and Raul Bocanegra, however, mentioned no specific amount of money that the government would allocate to the state's film & television industry.

Bocanegra claimed that the new expanded and improved program would go a long way to make California more competitive.

Speaking on the topic, the assemblyman said, "We can't sit by and watch a $17 billion dollar a year sector of our economy leave California. This expanded and improved program will go a long way toward making California more competitive with other states' programs."

According to the U. S. Department of Labor, California lost more than sixteen thousand film-&-television industry jobs. In other words, the state lost more than $1.5 billion worth of economic activity.

Popular Stories

Overall childhood ‘asthma epidemic’ levels off in U.S.

The overall ‘asthma epidemic’ among children has... Read More

‘UC Quits’ Working to Help California Smokers Get Rid Of Smoking

As New Year is approaching, people have already... Read More

Scientists begin Stem Cell research to find cure for Alzheimer’s

Alzheimer’s disease, the commonest cause of... Read More

New House Bill to Restrict First-Time Opioid Prescriptions

Cases of opioid abuse have been increasing and... Read More

Comcast installs DOCSIS 3.1 modem on customer-facing network in Philadelphia

In an announcement made on December 22, cable giant... Read More