The Michigan Senate approved a bill Thursday that would provide guidelines for restarting the approval process for the state's film incentive program.
The vote was 34-4 to pass the bill, sponsored by Senate Majority Leader Randy Richardville (R, Monroe). It now moves to the House for a vote.
Last month, the Michigan Film Office said it would not accept any applications for the film incentives until it received guidelines from the legislature for implementing the revamped program. Among the guidelines in the Senate-approved version: A minimum in-state spending of $100,000 would be required to qualify for the incentives.
Under the fiscal 2012 budget, the film incentives have changed from a tax-credit program to one involving direct grants. Originally, there was no annual limit on the film incentives. The 2012 budget has a $25-million cap.
Richardville told a meeting of the local film community last month that he expects the bill to be on Gov. Rick Snyder's desk by the end of the year.
Friday, November 4, 2011
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