Publisher's note: This post appears here courtesy of the Carolina Journal, and written by Julie Havlak.
The N.C. Legislative Building in Raleigh. | Photo: Don Carrington
The House passed a franchise tax cut and expanded film grants despite an attempt to shoot down the expansion of film grants.
Rep. Larry Pittman, R-Cabarrus, tried to strip the film tax credits from Senate Bill 578
. In the spirit of Halloween, he likened them to vampires, saying that he wanted to get rid of the bloodsuckers.
House Majority Leader John Bell, R-Wayne, immediately made a motion to cut off debate, and Pittman's amendment failed 4-106. The bill then passed the House 61-49, and was sent to the Senate.
The Senate is hoping to pass a resolution today, adjourning the session for several weeks.
The bill would also lighten the amount of investment required to receive a film grant, attempting to lure film production to N.C. It would also slash the franchise tax
a third by 2021, cutting it by more than $1 billion dollars in the first five years.
Rep. Darren Jackson, D-Wake, argued on Thursday that the bill was a waste of time, saying the bill would not be able to sustain a veto.
"We're sitting here spinning our wheels on something we know will get vetoed by the governor,"