Film Rebate Bill signed into law

More rebates!

Posted by Erica Jackson Curran on Mon, May 13, 2013 at 11:00 AM

Gear stacked outside the Cistern Yard during the taping of TODAY - SAM SPENCE
  • Sam Spence
  • Gear stacked outside the Cistern Yard during the taping of TODAY

Good news for South Carolina’s growing film industry: The Film Rebate Bill (S.163), passed by the Legislature last week, was subsequently signed into law by Gov. Nikki Haley.

This means, for one thing, that when film companies buy supplies from S.C. vendors, they’ll get up to 30 percent off in rebates, as opposed to the previous 15 percent. Film companies will also receive higher rebates for wages spent — from 15 percent to 25 percent for S.C. residents and up to 20 percent for all others.

Advertisement

No tax increases will be required to make these adjustments, but the bill is expect to lure more productions to the Palmetto State, resulting in increased jobs and revenue.

The Carolina Film Alliance’s president expressed his support of the bill, saying, “What it says to the film industry around the world is that South Carolina values the millions of dollars that film companies will now spend here with local small business, such as hardware stores, restaurants, lumber yards, and dry cleaners — attracting millions in capital investment to grow the economy, creating jobs, and showcasing South Carolina’s geographic beauty to the world on the big screen.”

Comments (12)

Showing 1-12 of 12

As a model and actress I am absolutely thrilled with this Bill. I cannot wait for more opportunities to showcase my talent.

report 2 of 4 people like this.   
Posted by Stacy Mann Wigfall on May 13, 2013 at 10:20 PM

I hope that works out for you, since you're paying the taxes the millionaires aren't.

report 4 of 5 people like this.   
Posted by mat catastrophe on May 14, 2013 at 8:02 AM

The amount of wasted dollars in the film industry are incredible. They do not need these rebates. They could easily afford to continue their productions without these government subsidies and if they cannot, the free market has judged them. Just another liberal example of do as I say, not as I do.

report 5 of 5 people like this.   
Posted by nofaith on May 14, 2013 at 9:26 AM

Liberal? South Carolina state government?

report 2 of 3 people like this.   
Posted by TROLLSLAYER on May 14, 2013 at 2:58 PM

I'm not looking to start a fight with anyone here.

report 0 of 1 people like this.   
Posted by Pronghorn on May 14, 2013 at 3:33 PM

I think the rebates should be larger.

report 0 of 2 people like this.   
Posted by Pronghorn on May 14, 2013 at 3:34 PM

Not looking for a fight but go and watch the amount of money wasted on the Army Wives set. I watched them spend a full day with at least 50 people to close off a section of East Montague and film a portion of a 30 second promo. There were five people there who were in charge of bringing each of the actresses their shoes when the cameras stopped rolling. Yeah, all of those people got to work but it is and incredible amount of money that gets wasted. If they were not throwing it away I wouldn't feel so bad but they are not the folks that need tax breaks.

report 1 of 1 people like this.   
Posted by nofaith on May 14, 2013 at 4:21 PM

In my opinion, you shouldn't support the film industry at all, as a lot of standing around goes into making film.

Stop watching movies. Adhere to your principles.

report 2 of 3 people like this.   
Posted by Pronghorn on May 14, 2013 at 4:44 PM

@nofaith - The purpose of the tax breaks is to bring those jobs to SC. It is free market working by providing the tax breaks! SC is giving the film/TV industry a reason to bring its business here & not another state.

I would rather give a business a tax break to bring more jobs to SC rather than having higher unemployment.

Well done SC Legislature!

report   
Posted by Alan Armatys on May 14, 2013 at 5:03 PM

The amount of wasted dollars in the aerospace industry is incredible. Boeing does not need these rebates. They could easily afford to continue their productions without these government subsidies and if they cannot, the free market has judged them. Just another liberal example of do as I say, not as I do.

report 3 of 4 people like this.   
Posted by Ron Liberte on May 14, 2013 at 5:29 PM

A lot of these actors are pretending to be something they are not. Oh, that goes for politicians too. Guess I should have lied more. If I had I might be President. At least a Senator. Why do these idiots expect citizens to obey the law when they don't?

report   
Posted by And if elected... on May 14, 2013 at 11:08 PM

"A lot of these actors are pretending to be something they are not."

No shit. That's how it works.

report 1 of 1 people like this.   
Posted by mat catastrophe on May 15, 2013 at 7:19 AM
Showing 1-12 of 12

Add a comment