Bill > S301

This bill modifies the Film and Entertainment Grant Fund by expanding the types of productions eligible for grants and increasing the potential grant amounts. Specifically, the bill adds a new category for independent films, defining them as motion pictures with budgets up to $2.5 million produced by non-publicly traded companies. The bill increases the maximum grant amount from $7 million to $12 million for feature-length films, from $15 million to $20 million for television series, and from $250,000 to $450,000 for commercials. Additionally, it introduces a new $2 million grant cap for independent films. The bill also adjusts grant percentages based on production location, offering up to 35% of qualifying expenses for productions in development tier one or two areas, and 25% for tier three areas. The legislation further enhances the priority criteria for grant selection by emphasizing productions that feature identifiable State attractions and landscapes, aiming to potentially boost tourism. The changes are designed to encourage film and entertainment production in North Carolina by providing more flexible and potentially larger financial incentives across different types of productions.

https://www.ncleg.gov/BillLookUp/2025/S301