"This is about jobs, this is about investment and it's about recognizing that the world we invented is now competing against us. Thirty-eight states. It's not just New York, it's not just Georgia."
"The Golden State is home to the largest share of the film and TV economy in the country. Film and TV production in California supports more than 700,000 jobs and nearly $70 billion in wages for in-state workers."
"This proposal will expand the annual tax credit pool to $750 million, compared to its current total of $330 million, Newsom said during a news conference at a Hollywood studio."
"It came as competition for film and TV production from other states and countries was on the rise. States like New York and Georgia are gaining share of the TV and film market, thanks to their own tax incentive programs."
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