Introduced
by
To authorize Single Business Tax (SBT) credit equal to 130 percent of the costs incurred by a motion picture production company that spends at least $250,000 making a movie in Michigan. The company could sell the amount of the credit that exceeds its tax liability, or could carry that forward to a future tax year.
Referred to the Committee on Tax Policy
Reported without amendment
With the recommendation that the substitute (H-4) 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
Passed in the House 103 to 0 (details)
Referred to the Committee on Finance
