Sen. Hagan says film tax credits ‘critical’ - WECT TV6-WECT.com:News, weather & sports Wilmington, NC

Sen. Hagan says film tax credits ‘critical’

Sen. Kay Hagan (D) expressed concern Tuesday about the future of North Carolina's film industry if tax credits used to lure productions to the state expire at the end of the year.

"We're talking 4,000 jobs in North Carolina that will be gone," Hagan said in the Library of Congress after speaking at an annual business summit hosted by members of North Carolina's House delegation. "Without film tax credits - incentives - those jobs will go."

Hagan said she's heard from film workers who are moving to Atlanta.

"Georgia has, I think, very aggressively targeted North Carolina and wants to take these jobs. The legislature needs to understand that in communities in North Carolina this is critical. We cannot afford to lose those positions."

State lawmakers, under the leadership of Hagan's challenger House Speaker Thom Tillis, replaced the state's film tax credits with a scaled-down grant program that many in the industry say will be inadequate.

Some legislators, including Rep. Susi Hamilton (D) and Rep. Ted Davis (R), want Gov. Pat McCrory to reconvene lawmakers for a special session to take another look at several economic development issues, including film incentives."

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