Saturday, July 10, 2010

Article from WECT-TV News, Raleigh, NC (NBC)

RALEIGH, NC (WECT) - Lawmakers are working on ways to help the state's film industry.

They've passed a bill that would raise the cap on film and production incentives.

Instead of $7.5 million in tax credits, companies can get $20 million in tax credits.

Lawmakers could give companies another break. The house will vote to eliminate the state tax companies pay on incentives.

Right now, North Carolina is the only state in the country charging that tax.

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