- Associated Press - Thursday, June 12, 2014

RALEIGH, N.C. (AP) - A new way for North Carolina to offer film incentives is in the House budget one day after a key committee narrowly defeated a provision to extend the current program set to expire in 2015.

The House voted Thursday evening for an amendment creating a new grant program to reward production companies filming in the state. Program details aren’t settled, particularly on how much taxpayer money could be spent annually.

The future of the current program - a 25 percent refundable tax credit - looks bleak. Critics say the tax credits are too expensive for the state.

Rep. Ted Davis of Wilmington offered Thursday’s amendment. He says approving the grant program will make incentives an item with the Senate in budget negotiations - thus improving chances for their ultimate survival.

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