A law ends state incentives that encourage the production of movies and TV shows in Michigan.
The Michigan Legislature is close to ending an incentives program used to entice the production of movies, TV shows and video games in the state.
The House has voted to remove, from next year’s state budget, Gov. Rick Snyder’s proposal to put $50 million toward incentives for filmmakers
The fate of the $50 million film incentive program is still in the hands of the Legislature. Meanwhile, the governor has proposed keeping it.
The plan could change drastically if Michigan voters next week approve a sales tax increase to trigger more money for deteriorating roads.
Some in the film industry are sounding off after the Michigan House of Representatives voted to drop the state’s $50 million a year incentive program.
Gov. Rick Snyder said he would prefer to see a “gradual ramp-down” of the program.
Gov. Rick Snyder on Tuesday plans to sign mid-budget year bills to finalize a plan to tackle Michigan’s projected $412 million shortfall in two primary funds that receive about $21 billion annually in tax revenue.
“This thing is a total waste of taxpayer money, and I can’t wait to get rid of it,” said Rep. Jeff Farrington, of Utica.
The Public Relations Manager for the Michigan Film Office said that 27 projects were approved for incentives in the 2014 fiscal year, being awarded $63,761,132 on $245,498,437 of approved production expenditures for the year.