'We'll see how long that lasts': California Gov. Newsom proposes film tax credit increase, criticizes Georgia

California Gov. Gavin Newsom speaks during a press conference in Los Angeles, Wednesday, Sept. 25, 2024. Newsom announced a proposal to increase California's film tax credit while discrediting Georgia. (AP Photo/Eric Thayer, File)

This story was updated on Monday, Oct. 28, 2024 at 2:59 p.m.

Gov. Gavin Newsom says he will ask his state’s legislature to expand California’s film tax credit from $330 million to $750 million annually.

During a weekend press conference in Hollywood, Newsom discredited Georgia and its billion-dollar film tax credit.