California legislature acts to keep film and TV production at home

Legislation will more than double current tax incentives under larger bill slated to be signed by Gavin Newsom

Hollywood's home state of California will more than double annual tax incentives for film and television production to $750m under a measure passed by the Democratic-led legislature on Friday.

The increase from the current $330m was approved as part of a broader tax bill that is expected to be signed into law by California's governor, Gavin Newsom.