"It is frustrating," said FilmLA Executive Director Steve MacDonald. "When you look at the percentage increases in other jurisdictions, you have to realize that a lot of that is coming at the expense of jobs and revenue in California."
Sacramento has done little to try to remedy the situation.
A bill introduced last year was modeled after New York's incentive package and proposed offering a 12 percent refundable tax credit based on qualifying state expenditures. It never made it to the floor of the state Senate and the deadline to re-introduce it or any new bills is next month.
New Mexico, which offers a 20 percent tax credit, saw its production spending leap from $71 million in 2005 to $142 million last year.
FilmLA's 2006 numbers end two consecutive years of growth in feature film production which MacDonald said now appears to have been "an anomaly.
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