House Cuts Film Incentives from State Budget

By  | 

The Republican-led state House is looking to do away with tax incentives that lure moviemakers to Michigan so the money instead goes toward road maintenance.
The House on Tuesday stripped $25 million in tax credits it planned to set aside for the film industry.
The funding would go to the state and local governments for road repairs. The House also cut $25 million from an economic-development fund and allocated it for roads.
The full House is expected to vote on its budget Wednesday, setting the stage for negotiations with the Senate and Gov. Rick Snyder next month. So far the GOP-controlled Senate and governor are looking to designate at least $25 million in incentives for Hollywood -- half the amount in the current budget.



 
Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus