A bill to amend 2007 PA 36, entitled “Michigan business tax act,” by amending section 455 (MCL 208.1455), as amended by 2011 PA 77.
The bill amends the Michigan Business Tax Act to offer tax credits to production companies for film and media projects in the state, with specific spending requirements and reporting obligations, while also allowing for the assignment of credits and introducing penalties for fraudulent claims.
Introduced
by
Referred to the Committee on Economic Development and Small Business
