2008 House Bill 5863

Expand film rental or royalty business tax deduction

Introduced in the House

March 5, 2008

Introduced by Rep. Michael Sak (D-76)

To double the Michigan Business Tax gross receipts tax deduction for film rental or royalty payments paid by a theater owner to a film distributor, from 50 percent of the payments to 100 percent of them.

Referred to the Committee on Tax Policy

March 12, 2008

Reported without amendment

Without amendment and with the recommendation that the bill pass.

April 10, 2008

Substitute offered by Rep. Michael Sak (D-76)

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

Passed in the House 103 to 2 (details)

Received in the Senate

April 15, 2008

Referred to the Committee on Finance