Michigan lawmakers approve rules for film incentive program
LANSING, Michigan: Michigan lawmakers passed a bill that would set up guidelines for dividing up the $25 million in state film and movie incentives for the next fiscal year. The bill passed on December 15 with a 35-3 vote in the Senate and a 92-15 vote in the House. The incentives in the bill are not as plenty as they once were, but supporters of the bill say the incentives would still stay competitive.
Michigan's film industry boomed in 2008 after legislation passed under former Governor Jennifer Granholm that provided rebates of up to 42 percent of a production's expenses to film studios. The result of the film incentive program was a flocking of television and movie studios to Michigan. The original incentive program did not cap the rebates, and in 2010, Michigan approved $115 million. However, the state budget capped the program at $25 million in October 2011.
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