Source: Office of Governor Beverly Perdue, 7/23/10
Gov. Bev Perdue today signed House Bills 1973 and 1035 that will help create jobs for more North Carolinians. Gov. Perdue signed the bills in a ceremony at Epic Games, a video game company headquartered in Cary.
“This jobs package — which was strongly supported by legislators in both parties — gives North Carolina more tools in our economic development toolbox,” said Perdue. “I intend for us to be as competitive and innovative as any state — both nationally and internationally.”
The JobsNOW legislation provides a number of critical tools for economic development in North Carolina, including:
• A new tax credit for investments in the digital media industry.
• Extension of tax credits for businesses that create new jobs and new investment.
• Enhancements to North Carolina’s film tax credit to increase our competitiveness in film production.
• Raising the bonding limit for small businesses that compete for small state construction projects — which makes it easier and cheaper for small businesses and historically underutilized businesses to do work for the state.
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