Introduced
by
To authorize a refundable Michigan Business Tax credit of up to 42 percent of a film studio’s expenses for shooting a film or TV show in Michigan. The credits would be refundable, so if their value exceeded a studio's tax liability the state would send them a check.
Referred to the Committee on Commerce and Tourism
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.
The substitute passed by voice vote
Amendment offered
by
To eliminate the refundability of the tax credits, which means the state would not send checks to studios whose (very rich) credits exceeded their total tax liability.
The amendment failed by voice vote
Passed in the Senate 34 to 1 (details)
Referred to the Committee on Commerce
