Americans for Prosperity Applauds Defeat of Film Subsidies Amendment in House Committee
RALEIGH – Americans for Prosperity – North Carolina today applauded a vote in the State House Finance Committee to defeat an amendment to the state budget to extend a tax subsidy program for film production in North Carolina. Earlier this week Americans for Prosperity launched radio ads in Greensboro, Raleigh, and Wilmington, opposing the film subsidies.
Representative Ted Davis (R-New Hanover) offered an amendment to the state budget to extend the tax breaks for movie and television production companies to 2017. The amendment failed on a 16-20 vote.
“Legislators in the House have made an excellent budgeting decision with this vote, and show that they are being stewards of taxpayer money,” said Donald Bryson, North Carolina Deputy State Director for Americans for Prosperity. “If the state is going to spend money, then it should spend it on core government functions, such as education and transportation. Subsidizing film productions in North Carolina should not be a function of state government and I doubt that there is a taxpayer in North Carolina that would disagree with that.”
Bryson continued, “We are very happy with this vote. Perhaps one day we can move past special interest incentives and carve outs from state government. This key Committee vote is a step in the right direction on that path.”
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