Film industry backers hope to keep credit in place
by Sarah Hulett (2010-12-29)
DETROIT, MICH. (Michigan Radio) - Supporters of Michigan's budding film industry are hoping a new governor and legislature don't spell the end of the state's generous tax credits.
Governor-elect Rick Snyder has expressed some concern that the credits could be unsustainable. Michigan offers the most generous film incentives in the country, refunding as much as 42 percent of production costs.
But Carrie Jones, who heads the Michigan Film Office, says skeptics need only look around the state to see the benefits the credits bring.
"Jobs are being created, young people are staying here, we're reshaping our image, and I think as that's investigated further and as more numbers come out and as this program has time to take root a little bit, I think that will all become clear," Jones said.
New reporting rules take effect in January that will require production companies to disclose the people employed and money spent shooting in Michigan.
Thursday, December 30, 2010
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