Posted on Thu, Mar. 17, 2005


Senate approves sweeter motion picture incentive


Associated Press

Movie and television production companies will get more incentives for bringing casts and crews to South Carolina under legislation that's headed to Gov. Mark Sanford's desk.

Senate President Pro Tem Glenn McConnell urged the Senate to move quickly on the incentive package because a $45 million movie production and $43 million from a television series were at stake.

McConnell would not provide details.

"Now there's a whole bunch of stuff that will probably come as result of these changes," McConnell said. The relatively small law changes result in "a major economic injection" for the state, McConnell said.

The state now rebates 5 percent of wages paid for in-state filming. But that's tied to money withheld for state tax collections. The change raises that rebate to 15 percent and says it applies to all wages up to $7 million. It will cost the state about $6 million.

The new incentives also double rebates on admissions taxes. And production companies would get a 15 percent rebate on other money they spend in the state. Those perks would cost the state $3 million.

McConnell said the incentives are less than what Louisiana offers, but they are competitive with other states.

It's the second year in a row the state has offered better perks to the industry. Movies filmed in South Carolina recently include "The Patriot," "Forrest Gump" and "Radio."

ON THE NET

South Carolina Film Office: http://scfilmoffice.com/





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