Take Two translates the day’s headlines for Southern California, making sense of the news and cultural events that affect our lives. Produced by Southern California Public Radio and broadcast from October 2012 – June 2021. Hosted by A Martinez.
Nevada lured away a new Tesla battery plant from California by offering $1.25 billion in tax breaks.
Paying for it requires a lot of cutbacks, one of which slices into the state's relatively new film tax credit program.
Started just this year, it offered $80 million in breaks over four years.
That could be slashed to just $10 million.
Anjeanette Damon with the Reno Gazette-Journal explains what that means to the film industry in Nevada that fought hard for these credits in the first place.