Even though the NC state budget still has yet to be passed, the leadership of the House and the Senate have agreed upon a number for the next two fiscal years for the NC Film Grant. It will be allotted $30 million for each fiscal year. That’s $60M total.

After the agreement, Senator Michael Lee of New Hanover County said, “We would’ve loved to have the number higher, but Rep. Davis and I worked really hard to get it to that level. I’d like to thank the Small Business for Film Group for all their support. They really made a big difference. It’s a great day for New Hanover County and the state of North Carolina.”

They are now currently working on tweaking the language of the NC Film Grant.

More to come!