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Subcommittee hears split testimony on film tax credit; debate adjourned for review
Summary
Lawmakers heard industry advocates describing local economic benefits and workforce gains and critics warning incentives pick winners. The panel took testimony on House Bill 3832 (film tax credit) but adjourned debate without a vote to allow members and stakeholders to review details and proposed changes.
The Economic Development Subcommittee took testimony on House Bill 3832, a film tax credit proposal that drew support from industry groups and tourism partners and opposition from a taxpayer-advocacy group. Chairman Newton said the subcommittee would not vote on the bill at the meeting and instead took testimony from commission staff, local partners and industry representatives.
Dan Rogers of the South Carolina Film Commission told the committee the state has used targeted incentives since 2005 to recruit productions, argued the program produces net new dollars for local communities and stressed global competition for projects. "For every dollar the state gives away, 4…
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