Without debate or discussion, the state Senate voted Thursday to end incentives for the film industry and phase out funding for the state's film office and the House quickly concurred in the action.
There is $25 million for the incentives in the 2015-16 budget that begins on Oct. 1, but $19 million of that will be going toward paying off the state's investment from pension funds in a struggling Pontiac film studio.
After Oct. 1, 2016, there will be no new money for incentives, but the film office can continue to operate to satisfy any existing contracts, which may last for another three years.
For the full article, see Kathleen Gray, "Legislature lowers curtain on incentives for film industry", Detroit Free Press, June 18, 2015.
For another see Chad Livengood, "Bill to end TV, movie subsidies awaits gov's signature", Detroit News, June 18, 2015.