Film and Entertainment Grant Fund Mods.

SB 301 modifies North Carolina's Film and Entertainment Grant Fund to clarify eligibility and funding limits for film and TV productions. It sets minimum qualifying expenses (e.g., $1.5 million for theatrical films, $500,000 per TV episode) and caps grants at 35% (for rural areas) or 25% (for urban areas) of production costs, with maximums like $7 million for feature films. Priority is given to productions hiring North Carolina residents and featuring state landmarks to boost tourism. The bill directly affects film producers meeting these financial and geographic criteria who seek state funding.