California legislative leaders have accepted Gov. Gavin Newsom’s proposal to more than double the film and TV credit, in a win for the industry. The state Senate and Assembly leadership have accepted Newsom’s proposed funding level, which more than doubles the program from $330 million. A vote is scheduled on Friday on a trailer bill to make it official, according to multiple sources.
Source: California Legislative Leaders Agree on $750 Million in Funding for Film and TV Credit