Thursday, April 16, 2009

Lights, camera, tax credits!

The Virginian-Pilot
April 16, 2009

It isn't the biggest issue in the race, but all four men hoping to be the next governor would like to grab a little Hollywood glitter for Virginia, a rare moment of unanimity on a contentious campaign trail.

The most detailed incentive plan thus far comes from Democrat Terry McAuliffe, who wants to offer production companies the chance to recoup up to 20 percent of their state expenditures and payroll costs through rebates or tax credits. McAuliffe also proposes unspecified cash grants for state-based independent productions and increased spending on college programs.

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