Introduced
by
To authorize giving up to $110 million annually in state income tax credits to certain film producers who do all or part of a production in Michigan. The amount that a credit exceeds a producer's tax liability could be carried forward and used to reduce taxes in future years. Provisions of the proposal are divided between House Bill 5724 and 5725, Senate Bills 862 and 863 are the Senate version of the same thing.
Referred to the Committee on Commerce and Tourism
