Local/State News
FILM INCENTIVES
THEATER TO SIGN LEGISLATION AIMED AT GIVING MICHIGAN A BIGGER ROLE
IN THE FILM INDUSTRY.
SUPPORTERS SAY THE BILLS WILL MAKE MICHIGAN THE MOST FINANCIALLY
ATTRACTIVE STATE IN THE NATION TO MAKE MOVIES.
BUT IT WON'T COME CHEAP.
THE KEY BILL IN THE PACKAGE GIVES FILM STUDIOS A REFUNDABLE
CREDIT OF UP TO 42 PERCENT ON PRODUCTION EXPENSES IN THE STATE.
DECISIONS ON WHERE TO SHOOT MOVIES OFTEN ARE BASED ON COSTS.
MICHIGAN COMPETES WITH NEW MEXICO, LOUISIANA AND OTHER STATES
ALSO AGGRESSIVELY COURTING MOVIE STUDIOS.
© Copyright 2021, wgvu
(2008-04-08)
LANSING, MICH. (AP)
(wgvu) -
GOVERNOR GRANHOLM WENT TO A LANSING MOVIETHEATER TO SIGN LEGISLATION AIMED AT GIVING MICHIGAN A BIGGER ROLE
IN THE FILM INDUSTRY.
SUPPORTERS SAY THE BILLS WILL MAKE MICHIGAN THE MOST FINANCIALLY
ATTRACTIVE STATE IN THE NATION TO MAKE MOVIES.
BUT IT WON'T COME CHEAP.
THE KEY BILL IN THE PACKAGE GIVES FILM STUDIOS A REFUNDABLE
CREDIT OF UP TO 42 PERCENT ON PRODUCTION EXPENSES IN THE STATE.
DECISIONS ON WHERE TO SHOOT MOVIES OFTEN ARE BASED ON COSTS.
MICHIGAN COMPETES WITH NEW MEXICO, LOUISIANA AND OTHER STATES
ALSO AGGRESSIVELY COURTING MOVIE STUDIOS.
© Copyright 2021, wgvu