Introduced
by
To authorize a Michigan Business Tax credit of up to 42 percent of a film studio’s expenses for shooting a film or TV show in Michigan. The credits would be refundable, so if their value exceeded a studio's tax liability the state would send them a check for the difference. The bill contains no cap on the aggregate value of the film subsidies.
Referred to the Committee on Commerce
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises details of the proposed subsidy but does not change the substance of the bill as previously described.
The substitute passed by voice vote
Amendment offered
by
To clarify a provision establishing compensation to employees of individuals under a personal services contract as one of the factors in determining the size of proposed refundable tax credits.
The amendment passed by voice vote
Passed in the House 108 to 0 (details)
Referred to the Committee on Commerce and Tourism
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 37 to 1 (details)
To authorize a Michigan Business Tax credit of up to 42 percent of a film studio’s expenses for shooting a film or TV show in Michigan. The credits would be refundable, so if their value exceeded a studio's tax liability the state would send them a check for the difference. The bill contains no cap on the aggregate value of the film subsidies.
