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In an effort to boost movie projects in Hollywood, Governor Gavin Newsom has signed a $750 million film and TV tax credit.

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Gov. Gavin Newsom on Wednesday signed Assembly Bill 1138 into law, which more than doubles California's annual film and television tax credit program.

Nine months after first proposing to increase the annual amount allocated to California's film and TV tax credit program, Gov. Gavin Newsom has signed it into law.