Michigan replaced the generous film subsidy with a $25 million appropriation during the budget development process earlier this year, and Thursday the Legislature passed the measure creating the structure for managing the distribution of the funds.
Senate Bill 569, sponsored by Senate Majority Leader Randy Richardville (R-Monroe) provides for tax incentives of 25 to 32 percent for personnel and activities in Michigan related to television, film and video game production. The House of Representatives passed the bill 92-15 and the Senate concurred 35-3 shortly thereafter.