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Last Action

Ref To Com On Rules, Calendar, and Operations of the House2025-04-14

Vote Breakdown

No floor votes recorded.

Plain Language Summary

This bill reinstates North Carolina's film production tax credit, which allows production companies to claim a 25% tax credit on qualifying in-state expenses (minimum $250,000) such as wages, equipment, and services. The credit, which was previously repealed, would apply to feature films, television series, documentaries, and other productions, with a $20 million cap per feature film and a sunset date of January 1, 2015.

Arguments in Favor

• •Supporters argue this tax credit attracts film and television production to North Carolina, bringing jobs, economic activity, and tax revenue to local communities.
• •The credit incentivizes production companies to film in the state rather than competing locations, supporting workers in cinematography, construction, hospitality, and related industries while showcasing North Carolina locations to national audiences.

Arguments Against

• •Opponents contend that tax credits reduce state revenue and may not generate sufficient economic returns to justify the cost to taxpayers.
• •They argue the credit primarily benefits large production companies and wealthy individuals earning over $1 million, and question whether the temporary nature of film productions creates sustainable jobs compared to other economic development investments.