EUE Screen Gems

Billy Hathorn

At the beginning of this year, North Carolina’s film incentive switched from a competitive tax rebate to a very small grant fund – holding just $10 million.

As state legislators continue to hammer out the budget, citizens of all political persuasions are awaiting word on the fate of this region’s bustling film business. And that’s why this morning, a contingent of officials and residents from the Wilmington area gathered in Raleigh’s legislative building to plead with lawmakers to extend the current film incentive tax credits—instead of switching to a grant program, which they say would eliminate jobs. But rather than demonstrating film’s bona fides within the Cape Fear region, local lawmakers focused on its statewide benefits.

Billy Hathorn

North Carolina lawmakers are haggling over how – and whether -- to preserve a now-controversial tax credit for the film industry.

If North Carolina lawmakers don’t renew film incentives during the short session – or if they choose to gut them to the point they’re no longer competitive with other states, some industry insiders are predicting an exodus of long-time film professionals from Wilmington.