spot_imgspot_img

Michigan House committee OKs film program incentives

spot_img

(The Center Square) –A Michigan House Committee approved bills aiming to resurrect a taxpayer-funded film incentive program.

The Multimedia Jobs Act aims to give a 30% tax credit to Michigan companies that hire Michiganders. The bill sets a base 25% tax credit for in-state spending with an extra 5% awarded for including the words “filmed in Michigan,” “Pure Michigan,” “Michigan Film & Digital Media Office,” and the MiFIA logo.

The House Economic and Small Business Development Committee approved House Bills 4907 and 4908, introduced by Rep. John Roth, R-Interlochen, and Rep. Jason Hoskins, D-Southfield.

Under the bill, production companies must commit to spending at least $50,000 for commercial photography, advertising commercials for projects less than 20 minutes or at least $300,000 for productions more than 20 minutes.

The new program would support film production using Michiganders and Michigan products. In the old, repealed film tax program, movies filmed in Michigan were often staffed using actors from out-of-state, Roth previously said in a phone interview with The Center Square.

Sen. Dayna Polehanki, D-Livonia, and Jeremy Moss, D-Southfield, introduced similar bills via Senate Bills 438-439.

Earlier this month, Polehanki called on lawmakers to enact the program.

“Hello?!?! Michigan could ALSO have a film and TV industry,” Polehanki posted on social media. “Pass the Multimedia Jobs Act!”

James Hohman, director of fiscal policy at the Mackinac Center for Public Policy, opposed the incentive program.

“Michigan lawmakers are voting to take over $2 billion from taxpayers to give to movie producers,” Hohman said in a statement. “The changes made to the program demonstrate that its sponsors learned all the wrong lessons from its $500 million failure the last time around. The rest of the Legislature should recognize that there are better ways to improve the state economy.”

The bills move to the full House.

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

spot_img
spot_img

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Empty Nose Syndrome: The Botched Surgery That’ll Leave You Breathless

Nose surgeries are some of the most common procedures...

Trump vows to reduce energy costs with his latest cabinet picks

(The Center Square) – With his latest cabinet nominations,...

Legislator pushes back on higher hotel taxes as part of Chicago tourism plan

(The Center Square) – Illinois state Rep. Dan Ugaste...

“I Accidentally Fell Asleep At The Wheel”: The Dangers Of Sleep Apnea

Millions of people struggle with sleep, but letting a...

Energy independence group hails Trump cabinet picks

(The Center Square) – A group that advocates for...

DOGE seeks ‘super high-IQ’ people willing to work 80 hours a week for free

President-elect Donald Trump's new Department of Government Efficiency is...

Inslee hails local election results, warns incoming Trump administration

Washington state Gov. Jay Inslee held a post-general election...

More like this
Related

Empty Nose Syndrome: The Botched Surgery That’ll Leave You Breathless

Nose surgeries are some of the most common procedures...

Trump vows to reduce energy costs with his latest cabinet picks

(The Center Square) – With his latest cabinet nominations,...

Legislator pushes back on higher hotel taxes as part of Chicago tourism plan

(The Center Square) – Illinois state Rep. Dan Ugaste...

“I Accidentally Fell Asleep At The Wheel”: The Dangers Of Sleep Apnea

Millions of people struggle with sleep, but letting a...