New Michigan Film Incentive Act

Michigan has adjusted its film incentive law, and there are some important things to keep in mind.

Some key points about the new film incentive law:

• Subsidies must reimburse 25 percent of direct production expenses and qualified personnel expenses and 10 percent of expenditures at a qualified facility or postproduction facility.
• Requires that at least 10 percent of the funding be for motion pictures, documentaries, or television series with a budget of less than $15 million.
• Requires that Michigan residents be hired to work on qualified productions at certain ratios of residents to nonresidents, unless there are not enough qualified Michigan residents for the positions.
• Requires the Film Office, in determining whether to award funding, to consider whether a production company will hold a premiere in Michigan for the qualified production and make film trailers and clips available for the Pure Michigan tourism campaign.

Read the bill here for more details.

This item was originally featured in the February 2015 local newsletter.