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Gavin Newsom Proposes Expanding California’s Movie and TV Tax Credit to at Least $1 Billion

California Gov. Gavin Newsom, on the eve of the 2026 midterm elections, is calling for another major expansion of the state’s Film and TV Tax Credit Program. Newsom is proposing an increase to California’s entertainment production incentive program from $750 million in annual tax credits to at least $1 billion, expanding what the governor’s office […]