According to the Mackinac Center for Public Policy, Governor of Michigan, Rick Snyder, plans to phase out their film incentive program. Since taking office in 2011, Snyder has pushed for cutbacks to the Michigan’s Film Incentive Program. This program was spearheaded during the administration of his predecessor, Gov. Jennifer Granholm.
“Snyder inherited one of the most generous film incentive programs in the country from former Democratic Gov. Jennifer Granholm. Under that program, the state refunded 40% to 42% of a production company’s qualified expenses— with no limit to how much could be awarded— giving way to what some called a golden age of Michigan filmmaking,” reported Alanna Durkin of the Associated Press.
Michigan’s program still has hope, as not everyone in public office agrees with Gov. Snyder’s choice. As evidence, last year, the Governor’s proposed budget of $25M for film tax incentives was doubled in the legislature to $50M.
For More Information:
Road Funding or Film Subsidies? by Jarett Skorup, Mackinac Center for Public Policy
Michigan, film industry reeling over Snyder’s budget proposal by Alanna Durkin, Associated Press
$25M for film incentives? Michigan moviemakers unimpressed by Snyder proposal by Julie Hinds, Detroit Free Press