Monday, February 18, 2013

Michigan film tax credits again under scrutiny

http://www.wxyz.com/dpp/news/state/michigan-film-industry-faces-more-cuts-under-governor-snyders-new-budget-proposal?goback=.gde_46674_member_214951844

It's not the rate of the incentives this time. It's the total amount available.  Under proposed legislation, a $25 million cap is a reduction by 50% of the total amount available to filmmakers.

Once again, that sends an uncertain message to filmmakers about planning films in Michigan.

Will it drive away filming to other states (like Georgia, Louisiana, others?) and countries (Canada, others?) with more attractive and predictable film incentives?

It has done so in the past, but with many states scrutinizing the appearance of subsidizing wealthy filmmakers, it's a challenge many politicians and state officials must address!


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