Netflix has secured a $20 million tax credit from the state of California for an untitled feature film, topping the latest round of allocations from the state’s competitive film and television tax incentive program.

The California Film Commission announced Monday that it will award $94 million across 48 projects, including five studio films and 43 independently produced features. Alongside Netflix, the recipients include an untitled Sony feature from LakeStar Productions Inc. ($9.4 million), Warner Bros. Pictures’ Blow Up the Chat ($6.94 million), the sequel to One of Them Days ($8 million), and Twentieth Century Studios’ Bell ($4.5 million).

The full list of approved projects can be found [here].

According to Governor Gavin Newsom’s office, this round of incentives is projected to generate more than $664 million in statewide spending—including $485 million in qualified production expenditures—and $302 million in direct wages to California-based cast and crew. Combined, the 48 projects are expected to employ over 6,500 workers and 32,000 background performers across 1,346 shoot days throughout the state, with more than half of the productions based in the Los Angeles area.

“California didn’t earn its role as the heart of the entertainment world by accident — it was built over generations by skilled workers and creative talent pushing boundaries,” said Newsom in a statement. “Today’s awards help ensure this legacy continues, keeping cameras rolling here at home, supporting thousands of crew members behind the scenes, and boosting local economies that depend on a strong film and television industry.”

The announcement arrives as Newsom pushes a significant expansion to the state’s Film & Television Tax Credit Program, proposing to increase the current annual cap from $330 million to $750 million. Since the program’s inception in 2009, California has approved 799 projects, generating nearly $27 billion in economic activity, according to the Film Commission.

The next application windows are scheduled for July 7–9 for film projects and August 25–27 for qualifying television productions.