California lawmakers have officially voted to amend the state’s Film & TV Tax Credit Program. This week, the Senate approved and Gov. Gavin Newsom signed into law the bill that has been working its way through the Legislature meant to “modernize” the program and expand eligibility alongside the recently approved $750M in incentive funding.

Gov. Gavin Newsom (D-CA) touted the $750 million tax credit for film and television made in his state, calling it a “big part” of the “renewal” for Los Angeles. Newsom’s signature doubles the current tax credit of $330 million.

California Gov. Gavin Newsom joined "The Pitt" star Noah Wyle in Burbank to celebrate the expansion of the state's film tax credit program, raising its cap from $330 million to $750 million. "The world we invented is now competing against us,