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Bill to grow film industry heads to full SC Senate
Posted: 02.27.2013 at 12:07 PM
Read more:  Local, Politics, News, Columbia, South Carolina, Bill Aimed at Growing the Film Industry, Senate, Senate Finance Committee, State Law, Incentives, Cash Rebates, Current Budget, Representative, Carolina Film Alliance, Budget Clauses, Film Producers, Wages, Spending, Local Businesses, Revenue, Caps Rebates, Film, Film Industry, SC Senate

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A bill aimed at growing the film industry in South Carolina is headed to the Senate floor.
  / MGN
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 COLUMBIA, S.C. (AP) -- A bill aimed at growing the film industry in South Carolina is headed to the Senate floor.
 
The Senate Finance Committee advanced Tuesday a measure that puts into state law incentives that had been approved yearly since 2006 as part of the state budget. But those enhanced cash rebates didn't make it into the current budget.
 
A representative of the Carolina Film Alliance says that drop-off emphasized the unpredictability of the year-to-year budget clauses, and film producers plan for years in advance.  
 
State economic advisers say the measure would not impact state revenue, since state law already caps the rebates at $10 million annually. 
 
The bill increases the incentives provided in state law for in-state wages and spending in local businesses.
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