Governor Newsom signed the expansion of a $750 million film and TV tax credit Wednesday to anchor productions in California.

Gov. Gavin Newsom signed legislation expanding California’s film and TV tax credit to $750M to keep production local.

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.