Scarinci Hollenbeck, LLC
The Firm
201-896-4100 info@sh-law.comFirm Insights
Spacey is " whips" votes for Maryland tax credit
Author: Scarinci Hollenbeck, LLC
Date: April 7, 2014
Key Contacts
Back
In the hit Netflix show, “House of Cards”, Kevin Spacey plays silver-tongued, Machiavellian U.S. politician Frank Underwood.
In the show’s well-received first season, Underwood occupies the seat of whip for the House of Representatives, but on March 21, Spacey was whipping votes all by himself, according to The Washington Post
“House of Cards” filmed its first two seasons in Maryland, and had planned to begin filming the third this spring, explained the news source. However, the show’s makers have announced that filming will be put off until at least June, pending a decision regarding the state’s film tax credits. The filmmakers want $15 million more to be put aside for the tax credit, adding to the estimated $26.6 million the show has already received. So far, only $4 million have been promised.
According to ABC News, the makers of the show wrote a letter to lawmakers, threatening to take their business elsewhere if enough money isn’t found. A number of Maryland politicians are understanding of the demands, considering the positive influence the film industry has on the state.
“It is absolutely essential for us to keep [House of Cards] in Maryland.” Delegate John Donoghue, D-Hagerstown, said outside the bar awaiting Spacey’s arrival, according to the news source. “I know there are people who are criticizing us but it has a huge impact on the economy in Maryland for them to stay here and film in Annapolis and Baltimore. If we lose them that’s not good. Our film industry in Maryland for many years has done terrifically well. We’ve had many motion pictures filmed here.”
For his part in the Red Red Wine Bar event on March 21, Spacey had as much real world charm as his character.
“We are enormously honored to be in this state,” he told the crowd of state lawmakers, reported the Washington Post. “I can only tell you that every single day I go to work, there’s no doubt in my mind that the faces I look at of Marylanders are incredibly happy that we’re here.”
- Practices: Tax and Trusts & Estates
- Locations: Red Bank, NJ, New York City, Little Falls, NJ
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Related Posts
See all
Understanding Portability for Estate and Gift Tax
Portability of estate and gift tax enables a surviving spouse to inherit any unused portion of their deceased spouse’s federal estate and gift tax exemption. So, if one spouse doesn’t utilize their full exemption, the surviving spouse can effectively double their exemption amount with regard to estate tax liability. For married couples, portability offers a […]
Author: Marc J. Comer
Pet Trusts in New Jersey and New York: A Practical Estate Planning Tool
For many of us, pets are more than companions—they are members of the family. Yet they are often overlooked or inadequately provided for when it comes to estate planning. A pet trust offers a legally enforceable way to ensure that your animal continues to receive proper care if you become incapacitated or pass away. As […]
Author: Marc J. Comer
How Can Trusts Be Used in Business Succession?
For many New Jersey business owners, a closely held company represents decades of work, financial investment, and personal sacrifice. Trusts in business succession planning are one of the most effective tools for protecting that value, allowing founders to control how and when the business passes to the next generation while reducing the risk of disputes, […]
Author: George McGowan
Read Before You Sign: IT Contract Pitfalls Every NJ Business Should Know
In today’s digital economy, New Jersey businesses of all sizes rely heavily on technology vendors, software providers, cloud platforms, and managed IT services. Whether your company is purchasing software, migrating data to the cloud, engaging a cybersecurity consultant, or entering into a long-term managed services agreement, a careful IT contract review can have significant operational, […]
Author: George McGowan
New York NDA Requirements for Businesses
Non-disclosure agreements (NDAs) remain a critical tool for protecting sensitive business information. However, New York NDA requirements have evolved, and businesses must ensure these agreements are carefully drafted to remain enforceable. In a competitive market like New York City, NDAs are commonly used to protect proprietary information, client relationships, and strategic plans. At the same […]
Author: Dan Brecher
New Jersey Will Contest Grounds Explained
How Courts Evaluate Testamentary Capacity and Undue Influence Will contests in New Jersey are difficult to win, given the strong presumption that a properly executed will reflects the testator’s intent. However, challenges based on lack of testamentary capacity and undue influence remain common, particularly where there are concerns about mental capacity or the involvement of […]
Author: Marc J. Comer
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Sign up to get the latest from our attorneys!
Explore What Matters Most to You.
Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.
Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.