The California state legislature increased the cap on tax incentives for film and television production from $330 million to $750 million.

The floor vote comes after the state legislature reached a deal with Gov. Gavin Newsom on a $321 billion budget for the coming fiscal year The post California Lawmakers Pass Cap Raise for $750 Million Film Tax Incentive appeared first on TheWrap.

State lawmakers have voted to raise the cap on film and TV production incentives to $750 million, up from $330 million under the current version of the program.