The state House passed an amendment proposed by Rep. Ted Davis (R-New Hanover) that changes North Carolina's film incentive tax credit to a Grant Fund, similar to a proposal that has already passed theMore >>
Rep. Ted Davis (R-New Hanover) said he realized he did not have the votes in the state House to extend the current film incentives in North Carolina. Davis introduced a proposal to create a Grant Fund "to encourage the production of motion pictures, television shows, and commercials and to develop the film-making industry" in the state.More >>
WILMINGTON, NC (WECT) – A battle is brewing over a tax incentive in North Carolina that gets much less attention than the credit that affects film. It's the state's Historic Preservation Tax Program,More >>
A battle is brewing over a tax incentive in North Carolina that gets much less attention than the credit that affects film.More >>
WILMINGTON, NC (WECT) -
Six months into the year and the North Carolina Film Office said productions have already spent $268 million in the state, shelling out cash for things like wages, goods and services.
As of July 15, 40 productions have indicated they have filmed or intend to film movies and TV shows in North Carolina according to the North Carolina Film Office.
Several TV productions like, Under the Dome, Sleepy Hollow and Secrets & Lies call Hollywood East their home this year, and films using Wilmington as their backdrop include The Longest Ride and Max Steel.
The film office also credits the industry with creating 19,000 job opportunities for North Carolinians this year– 3,000 crew positions, 15,000 background actors, and 500 well-paying talent jobs.
The mid-year figures are a strong follow-up to 2013 which totaled 25,000 job opportunities and in-state spending of $254 million.
State Representative Susi Hamilton said she isn't surprised at the amount of jobs or money the film industry has brought to North Carolina.
"I'm not at all surprised by that number. Every bit of that
is because we have a film incentive that is honest. It works. The film
production companies love to do business with us because it is profitable for
us and profitable for them," Hamilton said.
The film debate continues in Raleigh, where lawmakers have yet to decide the future of the 25 percent tax credit given to productions that spend more than $20 million in the state.