Newsom proposes boost to California film and TV tax credit program

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LOS ANGELES — On Sunday, Gov. Gavin Newsom proposed a major expansion to the California Film & Television Tax Credit Program.

The proposal would boost the credit for Hollywood from $330 million to $750 million annually.

The announcement comes after celebrity guests on Newsom’s “Politickin'” podcast have warned him about the current state of Hollywood, where a lot of work is being outsourced to other states and countries…

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