Finance

'House of Cards' Threatens to Leave Maryland without More Tax Credits

February 21, 2014
 

Netflix Inc. show "House of Cards" is making a power play on Maryland worthy of its scheming main character, Francis Underwood (played by Kevin Spacey).

After two years of filming in Maryland (largely in Baltimore), creating jobs and building excitement over its presence here, "House of Cards" is threatening to "break down our stage, sets and offices and set up in another state" unless Maryland offers millions of dollars more in tax breaks, according to the Washington Post.

California-based production company Media Rights Capital sent a letter to Gov. Martin O'Malley and House Speaker Michael E. Busch requesting more money in tax incentives for the third season, which is scheduled to start filming in the spring. Tax breaks totaled $11 million for the first season and could reach as high as $15 million for Season 2, according to the Post.

The Maryland legislature is considering bills that could raise tax incentives to $11 million or $18 million, but there's no guarantee Maryland will hit the show's indefinite target. The letter did not specify an amount of money that would keep "House of Cards" in Maryland for Season 3 and beyond.

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