Gov. Gavin Newsom (D-CA) touted the $750 million tax credit for film and television made in his state, calling it a “big part” of the “renewal” for Los Angeles. Newsom’s signature doubles the current tax credit of $330 million.

California Gov. Gavin Newsom celebrated the expansion of the state's film and TV tax credit to $750 million on Wednesday.

California Gov. Gavin Newsom joined "The Pitt" star Noah Wyle in Burbank to celebrate the expansion of the state's film tax credit program, raising its cap from $330 million to $750 million. "The world we invented is now competing against us,