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2008 House Bill 5863: Expand film rental or royalty business tax deduction
Introduced by Rep. Michael Sak D- on March 5, 2008
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.   Official Text and Analysis.
Referred to the House Tax Policy Committee on March 5, 2008
Reported in the House on March 12, 2008
Without amendment and with the recommendation that the bill pass.
Substitute offered by Rep. Michael Sak D- on April 10, 2008
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 in the House on April 10, 2008
Received in the Senate on April 15, 2008
Referred to the Senate Finance Committee on April 15, 2008