The California legislature has approved as part of a budget package an increase to the state’s allotment of funds for filming tax credits, moving up more than double from $330 million to $750 million annually, which is right at the originally proposed figure from California Governor Gavin Newsom.

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.

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