Bill To Grow Film Industry Heads To Full SC Senate - WSPA.com

Bill To Grow Film Industry Heads To Full SC Senate

Posted:
By Katie Geer, Associated Press

A bill aimed at bringing more of Hollywood to the state of South Carolina is moving to the Senate floor. 

Senator Paul Campbell wants to raise the percentage of rebates that the state pays back to the film companies for filming in South Carolina.

 On Tuesday, the Senate Finance Committee advanced a measure that puts into state law incentives that had been approved yearly since 2006 as part of the state budget. 

Under the current rebates, the companies get 15% from the government back for the wages paid. With this new proposed rebate, rates would go up to 20% for out of state workers and 25% for those hired that live in state. 

Campbell says that this is an opportunity that South Carolina can't pass up.

"With all the issues going on in California right now this would allow us to attract some of that business into the state and grow our jobs and help our economy," Campbell said.

A representative of the Carolina Film Alliance says that drop-off emphasized the unpredictability of the year-to-year budget clauses, and film producers plan for years in advance.

State economic advisers say the measure would not impact state revenue, since state law already caps the rebates at $10 million annually.

The bill increases the incentives provided in state law for in-state wages and spending in local businesses.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Powered by WorldNow

250 International Dr.
Spartanburg, S.C. 29303

Telephone: 864.576.7777
Fax: 864.587.5430
Email: webmaster@wspa.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.