Incentives used since 2008 to lure the production of movies, TV shows and video games in Michigan are perilously close to their end. Michigan currently reimburses 25 percent of studios qualified production expenses, and possibly more if they spend at permanent studios or post-production facilities within the state.
The Michigan Senate voted 24-13 Thursday to prohibit the state from issuing new incentives.The House concurred in the action on a mostly party-line vote of 96-13, with Republicans in the majority. The bill (HB 4122) now goes the Governor’s desk for his signature.
Existing commitments will still be honored according to Republican leadership in the legislature, but future incentives would be legally barred.
