- Posted July 15, 2011
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State lawmakers propose new film incentive plan
LANSING (AP) -- Michigan lawmakers are exploring ways to change the state's downsizing film production incentive program.
Legislation introduced Wednesday in the Senate would focus the program on rewarding companies for hiring Michigan workers and having state-centered operations. The incentives generally wouldn't be as lucrative as the 42 percent subsidy now received by those doing film business in Michigan. But supporters of the legislation say incentives would be competitive with other states.
Michigan's current film incentive program isn't capped but overall assistance will be limited to $25 million in the budget year starting Oct. 1.
The latest legislation doesn't address the overall amount of funding but would aim to support the industry through at least 2015.
The legislation was introduced by Republican Senate Majority Leader Randy Richardville with bipartisan co-sponsors.
Published: Fri, Jul 15, 2011
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