• Spartanburg’s Drayton Mill
    Drawing Attention

    In Spartanburg, South Carolina, Drayton Mill sat empty for nearly 20 years until Tara Sherbert of TMS Development purchased the property from Pacolet Milliken in 2013. TMS Development broke ground on the property just a year ago, beginning initial work on over 500,000 square feet of the old mill’s Spinning and Weaving buildings, much of which feature beautiful residential living spaces that will draw new residents, and new life, into Drayton’s massive footprint. Learn more about STCE’s South Carolina Mill Rehabilitation tax credits

    Spartanburg Drayton Mill
  • Turning Pig-Power
    into Big Dollars

    In North Carolina, hog waste-to-energy production is on the rise and gaining momentum. Investors are seeing this credit as a benefit not only for the environment, but for their bottom line. State Tax Credit Exchange is the only firm to receive North Carolina tax credits for renewable energy associated with hog farm waste. In fact, one of our swine projects the Storms Hog Farm anaerobic digester has received national recognition, eliminating environmental negatives and helping to strengthen the North Carolina economy. Learn more about STCE’s renewable energy tax credits.

    Turning Pig-Power into Big Dollars
  • Providing Tax Credit

    Understanding and navigating the legislative changes in state tax credits available to companies and individuals can be a daunting process. Each state's programs are unique, and can be hard to understand. And, it can change rapidly. The State Tax Credit Exchange team has more than 100 years of experience combined, researching the ever-changing legislative process for tax credits. We provide our clients with the most up-to-date legislative news, so they have the knowledge and confidence in their purchase decision. Click here to read the latest legislative update from STCE.

    Providing Tax Credit Transparency
  • Georgia Extends
    House Bill 339

    Chrissie Merrill, Director of Film Credits for State Tax Credit Exchange joins Georgia Governor Nathan Deal as he signs the extension of the Interactive Digital Tax Credit, House Bill 339. This credit is a huge incentive that attracts hundreds of film production companies as well as interactive game production houses to the State, which ultimately delivers a big boost to local economies. These movies, televisions series’, music videos, commercials and games translate to high quality entertainment for millions of people around the world. This extension will continue to spur the Georgia economy and beyond. Learn more.

    House Bill 339

In The News

Our view: Virginia’s opportunity – Film Tax Credits

And then there’s Virginia. Virginia’s film tax credits are capped at $6.5 million per year; once they’re used up, the state grants no more. For comparison’s sake, Georgia has no cap. Louisiana maxes out at $200 million. North Carolina’s tax credits totaled up at $62.2 million before they were abolished.

So Virginia is very much at the lower end of the scale. Keep in mind this isn’t tax money we’re spending; it’s essentially tax money we’re refunding as an incentive for productions to set up shop here and spend even more. And employ people.


Tax credits are sponsored by state and federal governments to stimulate specific business activities and the economy in general.