NC film incentives bill crosses another hurdle

Raleigh, NC - RALEIGH, NC (WECT) - A new bill giving more tax breaks for North Carolina film productions is moving quickly through the state legislature.

The House gave its final approval Monday night by a vote of 80 to 28 to new or extended economic incentives that could cost as much as $300 million in uncollected taxes in the next five years.  The bill now heads to the Senate.

One of the new changes would include allowing the salaries of star actors and directors to count toward the amount producers could write off.  Right now there's a cap of $1 million per person.

Critics of the measure say there's little or no evidence that targeted tax incentives work.


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