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Hollywood tax break prompts debate over economy

Posted: August 21, 2012 1:35 p.m.
Updated: August 21, 2012 1:35 p.m.

Assembly Minority Leader Connie Conway, of Tulare, left, and GOP Assembly members Mike Morrell, of Rancho Cucamonga, second from left, Steve Knight, of Lancaster, third from left, and Jeff Miller of Corona, listen to debate.

 

SACRAMENTO (AP) — Lawmakers had a robust debate about California's tax code and how it alternately punishes and favors certain industries as they took up legislation that would extend a tax credit for the film and television industry.

SB1167 by Democratic Sen. Ron Calderon of Monterey Park passed Tuesday on 32-3 vote and was sent to the Assembly.

Several lawmakers from both parties used the debate to say the Legislature should consider similar breaks for other industries and overhaul the state's tax code.

They said film and TV production is just one example of an industry fleeing the state because of high costs and regulations.

Republican Sen. Sam Blakeslee of San Luis Obispo argued for fixing the tax code rather than giving credits "to favored industries that are politically connected."

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