Bill Summary for H 301 (2023-2024)

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Summary date: 

Mar 7 2023

Bill Information:

View NCGA Bill Details2023-2024 Session
House Bill 301 (Public) Filed Tuesday, March 7, 2023
Intro. by Faircloth, Hardister, Lambeth, K. Hall.

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Bill summary

Amends GS 143B-437.02A to allow the funds in the Film and Entertainment Grant Fund to be used for a production on which the production company has qualifying expenses of at least $500,000 for a feature-length film (was, $1.5 million for a feature length film for theatrical viewing or $500,000 for a feature length tv movie). Amends the grant caps to prohibit using the funds to provideĀ a grant in excess of an amount more than 35% of the qualifying expenses for the production if at least 75% of (1) the filming of the production and (2) where crew, cast, and offices of the production are both located in tier one and tier two areas, or more than 25% of the qualifying expenses for any other production.