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Filmmakers producing projects in North Carolina are on track to invest a record amount of money in the state in 2021, Governor Roy Cooper announced during a press conference at EUE/Screen Gems Studios in Wilmington.
Filmmakers producing projects in North Carolina are on track to invest a record amount of money in the state in 2021, Governor Roy Cooper announced during a press conference at EUE/Screen Gems Studios in Wilmington.
 
Gov. Roy Cooper’s proposal to try to lure the film industry to make movies, TV shows, and commercials in North Carolina by returning to an abandoned tax incentives program is meeting resistance
Gov. Roy Cooper’s proposal to try to lure the film industry to make movies, TV shows, and commercials in North Carolina by returning to an abandoned tax incentives program is meeting resistance
 
The editors of The Fayetteville Observer are interested in the film industry and with storytelling in general. An example of the latter came to my attention recently.
The editors of The Fayetteville Observer are interested in the film industry and with storytelling in general. An example of the latter came to my attention recently.
 
North Carolina's film tax incentives program has changed significantly. Formerly a refundable tax credit of 25 percent of qualifying production expenses capped at $20 million per production, the program now is a $10 million grant program.
North Carolina's film tax incentives program has changed significantly. Formerly a refundable tax credit of 25 percent of qualifying production expenses capped at $20 million per production, the program now is a $10 million grant program.
 
During the recently-completed GOP primary for US Senate, speaker Thom Tillis told a fundraiser crowd in Wilmington he favored the retention of state incentives for studios shooting movies and TV shows in North Carolina.
During the recently-completed GOP primary for US Senate, speaker Thom Tillis told a fundraiser crowd in Wilmington he favored the retention of state incentives for studios shooting movies and TV shows in North Carolina.
 
Wilmington-area legislators and movie industry types are pretty mad. It looks like incentives for the film industry are not going to survive the state House. These folks REALLY thought they were going to keep getting these goodies. And for good reason.
Wilmington-area legislators and movie industry types are pretty mad. It looks like incentives for the film industry are not going to survive the state House. These folks REALLY thought they were going to keep getting these goodies. And for good reason.
 
The small businesses already would be qualified for the 39 percent tax credit, spread out over seven years, on their investments.
The small businesses already would be qualified for the 39 percent tax credit, spread out over seven years, on their investments.
 
Efforts by the state's film industry to continue getting incentives from North Carolina taxpayers were revived Thursday when a Senate committee - and later the entire Senate - approved a new plan awarding grants to filmmakers.
Efforts by the state's film industry to continue getting incentives from North Carolina taxpayers were revived Thursday when a Senate committee - and later the entire Senate - approved a new plan awarding grants to filmmakers.
 
Lobbyists for North Carolina's motion-picture industry, in an attempt to preserve an expiring taxpayer subsidy for film production in the state, are circulating two "talking points" documents to lawmakers attacking the credibility of those who have questioned the figures.
Lobbyists for North Carolina's motion-picture industry, in an attempt to preserve an expiring taxpayer subsidy for film production in the state, are circulating two "talking points" documents to lawmakers attacking the credibility of those who have questioned the figures.
 
The State of North Carolina, at last count, confiscated $84.2 million from taxpayers in the state (individuals and businesses) and gave it to movie production companies to entice them to make their movies in North Carolina, rather than Hollywood or somewhere else.
The State of North Carolina, at last count, confiscated $84.2 million from taxpayers in the state (individuals and businesses) and gave it to movie production companies to entice them to make their movies in North Carolina, rather than Hollywood or somewhere else.
 
At an early March meeting in Charlotte of the N.C. Governor's Conference on Tourism, state Commerce Secretary Sharon Decker admitted that a 25-percent refundable tax credit for the film industry, scheduled to expire in January, may be in trouble.
At an early March meeting in Charlotte of the N.C. Governor's Conference on Tourism, state Commerce Secretary Sharon Decker admitted that a 25-percent refundable tax credit for the film industry, scheduled to expire in January, may be in trouble.
 
North Carolina's film tax incentive program is in the news again. The Fayetteville Observer recently carried a puff piece about how "Stars have aligned for North Carolina's film industry."
North Carolina's film tax incentive program is in the news again. The Fayetteville Observer recently carried a puff piece about how "Stars have aligned for North Carolina's film industry."
 
If you believe Governor Bev. Perdue and her Department of Commerce, in the depths of the worst recession in our lifetimes, the amount of travel and spending on travel and tourism in North Carolina has reach record heights. If you believe that we have a bridge we'd like to talk to you about.
If you believe Governor Bev. Perdue and her Department of Commerce, in the depths of the worst recession in our lifetimes, the amount of travel and spending on travel and tourism in North Carolina has reach record heights. If you believe that we have a bridge we'd like to talk to you about.
 
Every policy and decision by government has economic costs, and more so when the policy interferes with or, worse, prevents some market choices. Such negative economic effects are what make even more pernicious the practice of cronyism.
Every policy and decision by government has economic costs, and more so when the policy interferes with or, worse, prevents some market choices. Such negative economic effects are what make even more pernicious the practice of cronyism.
 
Less than a month after North Carolina legislators approved more money for the state's film tax incentives program, a new John Locke Foundation Spotlight Report pans film incentives as a clear example of cronyism.
Less than a month after North Carolina legislators approved more money for the state's film tax incentives program, a new John Locke Foundation Spotlight Report pans film incentives as a clear example of cronyism.
 
efore states began film tax incentives programs, North Carolina was a popular off-Hollywood destination for film crews.
efore states began film tax incentives programs, North Carolina was a popular off-Hollywood destination for film crews.
 
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