2004 House Bill 5958 ↩

House Roll Call 563: Passed

To exempt motion picture or TV production companies that spend more than $250,000 on a film or TV show in Michigan from the Single Business Tax (SBT) liability they would otherwise have to pay on their Michigan business expenditures. Note: Because the SBT is a value added tax, it is levied not on how much a business makes, but on a formula determined by its net spending on business operations.