Proposed legislation aims to boost North Carolina film industry

WILMINGTON, NC (WWAY-TV) — Newly proposed legislation in North Carolina could make the state more competitive in attracting film productions and supporting independent filmmakers.

State Rep. Ted Davis has proposed a bill that would increase North Carolina’s film grant match from 25% to 30%. The legislation would also raise the cap on qualifying expenses for feature-length films from $7 million to $20 million.

Meanwhile, state Sen. Michael Lee has introduced legislation that would set aside funding specifically for independent films with smaller budgets.

Monty Hobbs, co-founder of “Just Do GOOD” Entertainment and “The Dirty Laundry Picture Company” in Wilmington, said other states are currently more attractive to filmmakers working with limited budgets.

“The DLPC we are proudly heading to the state of Kentucky, why? Because there’s a 30 percent rebate there and that’s why shows like Divine Renovation which was proudly filmed here in Wilmington, look elsewhere to states that make things attractive,” Hobbs said.

Supporters of the legislation say increasing incentives could help North Carolina compete with other states that offer larger rebates and tax incentives for productions.

Sen. Lee’s proposal would also create funding opportunities for small-budget films that do not yet have distribution deals in place.

If approved, both bills would take effect July 1.