SACRAMENTO—Assembly Speaker Toni G. Atkins joined Governor Edmund G. Brown, Jr. and other legislative leaders to announce a historic deal to extend and improve California’s Film and Television Tax Credit Program, making it the second largest tax credit program in the nation.
“Not only does extending the Film Tax Credit keep cameras rolling in California, it will keep costumers designing, craft services catering, and carpenters hammering,” said Speaker Atkins (D-San Diego). “It’s just common sense—when California hosts more production, we get more jobs and more revenue—two things our state can always use. I’d like to thank the co-stars of this effort, Assemblymembers Raul Bocanegra and Mike Gatto, President pro Tem-elect Kevin de Leon—and, of course, Governor Brown for ensuring the final scene is a good one.”
Bill by Assemblymen Bocanegra and Gatto Takes Aim at the Flight of Film
SACRAMENTO – AB 1839, the California Film and Television Job Retention and Promotion Act of 2014, passed the Assembly today by a vote of 71-0. The legislation, authored by Assemblymen Mike Gatto (D-Los Angeles) and Raul Bocanegra (D-Pacoima), and co-authored by more than 60 other legislators, would expand and improve the state’s current program to keep production jobs in California.
“We can’t sit by and watch a $17 billion dollar a year sector of our economy leave California,” said Assemblyman Bocanegra. “This expanded and improved program will go a long way towards making California more competitive with other state’s programs. I appreciate the Assembly’s support of AB 1839 today and look forward to seeing it continue through the legislative process and ultimately protect California jobs.”
Agreement garners support from business groups and progressive organizations
(Sacramento) – Assemblymembers Tom Ammiano (D – San Francisco) and Raul Bocanegra (D-Pacoima), announced an historic agreement today to close a major loophole in California’s Proposition 13. Assemblymembers Ammiano and Bocanegra have led weeks of negotiations, finally reaching a consensus earlier this week with a diverse group of stakeholders who are now supporting the proposal including: the California Business Roundtable, the California Chamber of Commerce, the California Business Properties Association and the California Tax Reform Association.
“Closing this loophole has been a goal of progressives for years because it has shifted the property tax burden onto the backs of homeowners and other individuals. We have never tried to target the businesses that are small property owners. This loophole is unfair to them, too. Now, thanks to Mr. Bocanegra, businesses are joining this effort to bring some fairness back to the tax system in a way that will benefit all Californians,” said Assemblymember Ammiano.
Bill by Assemblymen Gatto and Bocanegra has 64 co-authors, including a majority of the State Assembly
SACRAMENTO – AB 1839, the California Film and Television Job Retention and Promotion Act of 2014 passed the Assembly Revenue and Taxation Committee today by a vote of 8-0. The legislation, authored by Assemblymen Raul Bocanegra (D-Pacoima) and Mike Gatto (D-Los Angeles), would expand and improve the state’s current program to keep production jobs in California.
“Whether it is the departure of the aerospace industry, or the recent announcement that Toyota is moving, our communities have lost too many good jobs,” said Gatto. “Losing major employers harms California families and our state economy. We can’t afford to let any more jobs leave the state, and this bill is a rare example of government taking proactive steps to ensure well-paying jobs stay in our communities.”
Sterling’s $2.5 million fine would currently be eligible for a tax write-off
(Sacramento) -- Today, Assemblymembers Raul Bocanegra (D – Pacoima) and Reggie Jones-Sawyer (D-Los Angeles), introduced AB 877, a bill that would prevent sports team owners from writing off fines as a business expense on their state income tax returns.
“This is simply a matter of bringing fairness and equity to the tax code,” said Assemblymember Bocanegra, chair of the Assembly Revenue and Taxation Committee. “Donald Sterling’s outrageous comments and historic fine should not be rewarded with a multi-million dollar tax refund. This fine is intended as a punishment; it should not be used as a tax loophole”
I'm sad to report that a fire destroyed the San Fernando Valley Rescue Mission's emergency shelter, vehicle fleet, clothing warehouse and food pantry. The fire started just before 1 a.m. on Saturday. at a warehouse next to the shelter on Saticoy Street. Thankfully, no one was hurt.
It took more than 130 brave Los Angeles City firefighters to get the fire under control. The damage is devastating to the Mission and the equipment it uses to serve our San Fernando Valley. The fire destroyed the Mission's entire fleet of six trucks and two vans, which provided mobile relief to families in need across the Valley. The trucks also picked up clothing and food donations to stock the Mission's three thrift stores.
Author of Legislation to Expand California’s Film and Television Tax Incentive Reacts to Milken Institute Study Showing Immense Harm to State and Local Economies
In response to a Milken Institute study on the subject of runaway production and the decline of the film and television industry in California, entitled A Hollywood Exit: What California Must Do to Remain Competitive in Entertainment—and Keep Jobs, Assemblymember Raul Bocanegra (D-Pacoima) has issued the following joint statement:
“The Milken Institute study released this morning confirms what every objective-economic analysis of the issue has shown: Runaway production, and the erosion of California’s film and television industry, has caused substantial harm to our families, our communities, and our state and local economies. Since 2004, California has lost more than 16,000 high-paying middle-class jobs in the film and television industry. By enhancing California’s film and television production-incentive program, California will remain competitive in attracting big-budget productions. However, in a market saturated with subsidies, where forty-three states offer entertainment incentives, California must create a thoughtful and distinctive incentive package. Job incentive programs like AB 1839 will help keep productions in California, creating statewide benefits and revenue that will stimulate our economy and preserve the jobs that many Californians and their families depend upon.”
Bill has 59 co-authors, including a majority of the State Assembly
SACRAMENTO – Today, Assemblymembers Mike Gatto (D-Los Angeles) and Raul Bocanegra (D-Pacoima), introduced AB 1839, which would expand and improve the California Film and Television Job Retention and Promotion Act. The bill takes a number of steps to improve and expand the State’s current incentive program. It was co-authored by 59 additional legislators – 50 Assemblymembers and 9 State Senators.
“I remember when our communities lost all the good aerospace jobs,” said Gatto. “Losing major employers really harms local families and our state economy. This effort is a rare example of government appropriately taking steps to stem the loss of jobs out of state.”
System went over budget more than $100 million and is costing ratepayers $59 million a month
SACRAMENTO – Today, Assemblymember Raul Bocanegra (D-Pacoima), asked the State Legislature’s Joint Legislative Audit Committee to audit the flawed development and implementation of the LADWP’s new customer information and billing system.
“The DWP’s new billing system has been a boondoggle from the start,” said Assemblymember Bocanegra. “The project went overtime and over budget, and now that it’s in place it’s screwed up the bills for more than 70,000 ratepayers. In November 2013 alone, the DWP’s bills were off by $59 million. This is the public’s money, we need to have an honest accounting of what went wrong.”
SACRAMENTO – Yesterday, Assembly Bill 191, authored by Assemblymember Raul Bocanegra (D – Pacoima), was signed by Governor Brown. It is expected that nearly 227,000 additional Californians will be eligible for CalFresh benefits because of this legislation being enacted.
“AB 191 aligns Medi-Cal and CalFresh eligibility, which will boost CalFresh participation, bringing additional federal dollars to our state; reducing duplicative applications; and supporting the overall health and well-being of low-income Californians,” said Assemblymember Bocanegra. “While Republicans in Congress are trying to cut food stamps from the neediest in our communities, California is leading the way, by ensuring that tens of thousands of men, women and children that go hungry each day will receive access to the food they need.”