AB 1844 Summary

• Delays the Legislative Analyst's Office report on film tax credit effectiveness from July 1, 2019 to January 1, 2023.

• Allows the California Film Commission to reallocate previously allocated but uncertified credits and unused credit amounts beginning July 1, 2025, rather than requiring them to continue allocation under prior terms.

• Defines "previously allocated credits not certified" as credits where taxpayers withdraw requests for certification or the difference between allocated and certified amounts.

• Appropriates $5,000 from the General Fund to the California Film Commission for developing rules related to the film tax credit programs under Sections 17053.98 and 23698 of the Revenue and Taxation Code.

• Takes effect immediately as a budget-related bill.