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Tax Incentives

House members: Historic preservation tax credit in line with tax overhaul

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North Carolina House members are pressing the Senate to approve a bill that partially restores the historic preservation tax credit, which expired at the first of the year as part of a tax overhaul. Full story...
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NC commerce secretary defends need for more incentives money

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A top advocate of Gov. Pat McCrory's request for more money for North Carolina business incentives is facing skepticism from Senate Republicans who believe lower tax rates is the better way to attract companies. Full story...
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NC Museum of History uses exhibit to push for tax credit

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The NC Museum of History is using an exhibit of photographs of abandoned buildings to push for the restoration of the historic preservation tax credit. Full story...
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New bill would restore film, historic preservation tax incentives

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videoA bill filed today in Raleigh calls for restoring several tax incentives, including credits for film projects and historic preservation. Full story...
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Wilmington, New Hanover leaders push for legislative session on film incentives

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videoMembers of the New Hanover County Commission and Wilmington City Council signed a joint letter to Gov. Pat McCrory, House Speaker Thom Tillis and Senate President Pro Tem Phil Berger yesterday asking them to call for a special legislative session to "reconsider film incentives that will better serve North Carolina in remaining marketable and competitive" in the film industry. Full story...
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NC weighs giving upfront money for promised jobs

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North Carolina lawmakers are considering breaking with a generation of state job-hunting efforts and giving corporations upfront money to move. Full story...
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Film supporters rally again in Raleigh

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videoNorth Carolina's film industry made another appeal in Raleigh today. Workers fighting for nothing less the industry's very existance, according to advocates, who are concerned that the legislature will let film tax credits go away. Full story...
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Film supporters take fight to Raleigh

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videoPeople in the Port City who rely on the film industry to survive took their fight to extend film incentives to Raleigh today. Film incentive advocates tried to educate state lawmakers on what the incentives mean and how they positively impact the state, but some people were not as enthusiastic about the future of film incentives in North Carolina. Full story...
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Film industry employee writes letter to the governor

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videoOne local employee of the film industry is taking matters of the tax incentive into her own hands. Dale Williams sent a letter to Governor Pat McCrory asking for a meeting to discuss the future of film employees in our state. Full story...
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Preserving historic downtown could become more costly

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The old world charm of downtown brings people from across the country to the Port City. With $1.6 billion in investments on the line, the expiration of the historic preservation tax credit could slow that down. Full story...
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