Our governor is sooo stupid: WOOD TV 8
Legislature may change film tax credits
Snyder already changed them since taking office
Updated: Thursday, 08 Dec 2011, 6:45 PM EST
Published : Thursday, 08 Dec 2011, 6:45 PM EST
- By Rick Albin
LANSING, Mich. (WOOD) – The film tax incentives developed during the Granholm administration have been credited for the growth of the Michigan film industry. But those credits have been dramatically changed since Gov. Rick Snyder took office.
As part of his economic incentive plan and in an effort to balance the states budget, Snyder limited the total tax dollar contribution for this fiscal year to $25 million. That is far less than has been handed out in tax credits in years past.