After 18 months of working to push through a film industry tax incentive that could create thousands of Michigan jobs, Lansing has answered with a definitive Yes. The incentives will make the state the most financially attractive state for filmmakers, and the calls are rolling in.
According to excerpts from the story:
Michigan lawmakers took the state one step closer to becoming the most attractive movie-making state in the country.
Bills passed Wednesday in both the state House and Senate give movie studios a 40 percent tax rebate or credit on production costs, the highest in the nation.
"My phone's been ringing off the hook today," DePree said. "I've been getting calls from producers in L.A., New York, Chicago. ... I just got off the phone with 20th Century Fox. ... Disney's been watching the real-time webcasts of the Michigan Legislature. They're just waiting at the sidelines."
Read the complete story here.
Enjoy this story?
Sign up for free solutions-based reporting in your inbox each week.