Should North Carolina allow its film tax credits to sunset at the close of 2014, the state will join a growing number of states getting out of the business of providing incentives for film productions. My newsletter lists them:
- Wisconsin‘s program just ended as of July 1 (2013)
- Kansas‘ program ended as of December 31, 2012 — after having been reinstated in 2011 following suspension in 2009-10
- Iowa‘s has been terminated (it had been suspended in 2009 after discovery of widespread fraud and abuse)
- Indiana‘s sunsetted in 2012
- Arizona‘s sunsetted in 2010
- Missouri‘s is slated to sunset on November 28 (2013)
- New Jersey‘s is slated to sunset in 2015
- Connecticut‘s has been placed on a two-year hiatus
- Idaho‘s hasn’t received any appropriations since 2010
- The District of Columbia‘s is also not funded
- Delaware has no program
- Nebraska has no program
- New Hampshire has no program
- North Dakota has no program
- South Dakota has no program
I also give five reasons why North Carolina should let the credits sunset for good.