Gavin Newsom California Hollywood film Bill and Gavin Newsom California

California Bill Proposes $330 Million Boost in Film and TV Tax Credits

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thewrap.com

The California state legislature reviewed a new bill Sunday that would increase the state’s film and television tax credits program by $330 million, with $150 million of that being allocated to the construction of new soundstages in the state, according to multiple media reports.If the bill is signed into law by Gov.

Gavin Newsom, it would double the current $330 million that California gives Hollywood in film and TV tax credits each year.

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