---
title: "CA Gov. Gavin Newsom Signs Bill Addressing Catch in $750M Tax Credit for Hollywood"
description: "The new law exempts indie projects from caps on the use of state tax credits and offers productions enhanced monetization of their incentives."
author: "Katie Kilkenny"
section: veterans-in-hollywood
published: 2026-10-06T13:32:25.350502+00:00
canonical: https://valorandventures.media/article/27efe862-51d3-42fa-91d8-ae2b51ccf203
publisher: "Valor & Ventures Media"
source: "Hollywood Reporter"
source_url: https://www.hollywoodreporter.com/business/business-news/gov-gavin-newsom-bill-hollywood-tax-credit-catch-1236705453/
access: free
---

# CA Gov. Gavin Newsom Signs Bill Addressing Catch in $750M Tax Credit for Hollywood

*The new law exempts indie projects from caps on the use of state tax credits and offers productions enhanced monetization of their incentives.*

## Article

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Katie Kilkenny · Hollywood Reporter

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Originally published by Hollywood Reporter: https://www.hollywoodreporter.com/business/business-news/gov-gavin-newsom-bill-hollywood-tax-credit-catch-1236705453/