NC H2000

Creates a tax credit for companies producing interactive digital media in North Carolina, defined as electronic communication technologies including video games, game engines, simulation software, and educational/training products.

Allows a 15% tax credit on qualifying expenses (production property and wages) for productions with at least $100,000 in qualifying expenses, capped at $7.5 million per production.

Excludes gambling/casino games, academic projects, internal-use productions, political advertising, obscene content, and primarily static information websites from credit eligibility.

Provides an additional $5,000 per-job tax credit for companies creating at least 20 new full-time jobs at their headquarters within 24 months, with a maximum cumulative credit of $500,000 per company.

Tax credits can be applied against franchise tax or income tax, may not exceed 50% of annual tax liability, and expire for taxable years beginning on or after January 1, 2014; bill is effective for taxable years beginning on or after January 1, 2011.