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NC Senate gives first OK to more tax breaks

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RALEIGH, N.C. -- The North Carolina Senate is willing to give additional tax breaks to attract a few businesses interested in building in the state, potentially creating more than 1,500 jobs.

The Senate gave tentative approval Thursday to an incentives package that could cost $39 million through 2015 if companies build and apply for the reductions.

Sen. Dan Clodfelter of Charlotte said the bill is aimed at closing the deals on persuading companies to build two computer data centers, an energy turbine manufacturer and a plant converting wood pulp to paper. The Senate hasn't identified any of the companies by name.

The bill passed 39-4. Sen. Ellie Kinnaird opposed the bill, saying quality education and transportation are among the things that attract companies most.

A final Senate vote is expected next week.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

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