Local politicians have mixed opinions on the future of the state's film incentive program.
WILMINGTON, NC (WECT) – Local politicians have mixed opinions on the future of the state's film incentive program.
According to the current incentive program, any production spending more than $250 thousand is eligible for a tax credit of 25 percent of its expenditures. The incentive is set to expire at the end of 2014.
Senator Thom Goolsby is afraid the local film industry in Wilmington might take a cut if the incentives are not continued.
"I go to all the films equals jobs, rallies," said Goolsby. "I'm going to do everything I can, as I did last time to see to it that we continue the film incentives and continue all the jobs it creates."
Not all politicians agree with Goolsby.
State Representative Rick Catlin ,a fellow republican, does not think North Carolina can afford to extend the incentives. He does not want to raise taxes to make it happen.
"It's going to require that we have either unexpected revenue increases or I think it would, in effect, stop our tax reform and people would have to decide to raise taxes on our hard-working citizens," said Catlin.
Ted Davis, a New Hanover County Representative, is forming a caucus in Raleigh in an effort to let other politicians know how important the current incentives are to the film industry and the state economy.
"Hopefully we can change the minds of those who might not be in favor of film incentives this time and hopefully get them to change their minds and be in favor of the extension," said Davis.
Even though the film incentives program does not end until 2015, the Motion Picture Association of America is warning the state that major production companies are already looking at other states that do have film incentives as sites for their next big projects.
Tuesday, December 10 2013 2:44 PM EST2013-12-10 19:44:55 GMT
WASHINGTON, DC (WECT) – Two new polls of North Carolina voters show job approval numbers well below 50% for both President Barack Obama and Senator Kay Hagan. Both Public Policy Polling and High PointMore >>
Two new polls of North Carolina voters show approval ratings well below 50% for both President Barack Obama and Sen. Kay Hagan. One of the polls also shows potential challengers for Hagan's seat are facing uphill climbs in name recognition and voter preference.More >>
Friday, December 6 2013 1:52 PM EST2013-12-06 18:52:58 GMT
RALEIGH, N.C. (AP) - A lawsuit filed more than a decade ago against Attorney General Roy Cooper and his campaign for a television commercial aired during his first winning run for the job may finally goMore >>
A lawsuit dating back to 2000 against NC Attorney General Roy Cooper has received a trial date for spring of 2014.More >>
Thursday, December 5 2013 4:00 PM EST2013-12-05 21:00:12 GMT
WASHINGTON, DC (WECT) – The Senate Majority PAC group has launched a second ad campaign supporting Senator Kay Hagan in her bid for re-election. The 30-second ad on YouTube does not yet appear on theMore >>
The Senate Majority PAC has launched a new ad campaign, supporting Sen. Kay Hagan and criticizing the candidate many consider the front-runner to oppose her bid for re-election in 2014. Click on the link inside this story to see the ad.More >>
Wednesday, December 4 2013 4:53 PM EST2013-12-04 21:53:34 GMT
RALEIGH, N.C. (AP) - A judge has found North Carolina NAACP President William Barber and 11 others guilty of second-degree trespassing and violating building rules while protesting in April at the stateMore >>
A judge today found a dozen "Moral Monday" protestors, including the state NAACP President, guilty of trespassing for their demonstration at the General Assembly building in April. More >>
Wednesday, December 4 2013 4:03 PM EST2013-12-04 21:03:44 GMT
ELON, NC (WECT) – More people trust their local leaders to do what is right compared to state or federal politicians. That's one of the results of a new Elon University Poll released on Wednesday. AboutMore >>
More responders to a new Elon University Poll say they trust their local city council or county commissioners to do what is right than elected state or federal leaders. They also want to know the location of hazardous chemicals and expenses of government officials. Click on the link inside this story to see the raw data and summary.More >>
322 Shipyard Boulevard
Wilmington, NC 28412
Main Phone Number: (910) 791-8070
Newsroom: (910) 791-6681