A bill to amend 1984 PA 270, entitled “Michigan strategic fund act,” by amending sections 29, 29a, 29b, and 29d (MCL 125.2029, 125.2029a, 125.2029b, and 125.2029d), sections 29 and 29b as added by 2008 PA 75, section 29a as amended by 2011 PA 291, and section 29d as amended by 2020 PA 199; and to repeal acts and parts of acts.
House Bills 5991 and 5992 re-establish a multi-tiered film and digital media production tax credit program in Michigan, offering substantial incentives for in-state production expenditures, local hiring, and use of diverse vendors. This program was attempted back in the late 2000s and early 2010s and found to be ineffective at creating a sustained Michigan film industry independent of government subsidies.
Co-sponsored by Reps.
Referred to the Committee on Government Operations
