Despite the large amount of money Gov. Gavin Newsom (D-CA) is throwing at Hollywood, California’s newly expanded tax credit program for film and television production likely won’t be the best bang for the Golden State’s buck.

California is now offering an annual $750 million in tax credits to entice in-state production, Newsom announced earlier this month when he signed the bill into law. That amount is more than double what was previously offered. Newsom’s office hailed the legislation as an effective means to boost the economy and create jobs.