Funds used to keep prod'n in state through rebates
State legislators have decided to keep the Film California First incentive program alive.
A Tuesday confab in Sacramento among reps of both houses resulted in an agreement to continue funding the 3-year-old program with $7.9 million in annual support, as previously proposed by Gov. Gray Davis.
With the state facing a deficit of $26 billion, the State Assembly had voted Jan. 28 to eliminate FCF’s funding as part of dozens of budget cuts.
The FCF program is aimed at keeping production in the state through rebates to cover costs of state and federal employees, property-use fees, safety costs and public equipment fees.