Governor Jennifer M. Granholm today signed into law legislation designed to grow the film industry in Michigan, setting the stage for hundreds of millions of dollars in private investment that will create jobs in the state. The legislation was proposed by the governor
SB230 passed the Alaska Senate on Tuesday, March 4th. The new bill, which now goes to the Alaska House, will provide a 30% tax credit for all labor (with a proposed $2M hire cap), an additional 10% for Alaska labor, and a 30% credit for all qualified expenses.
Foreign productions that have gained the Department of Motion Pictures permission to shoot and produce films in Taiwan may apply for funding as long as their production expenses in Taiwan exceed US$100,000. Funds that may be applied for are as follows: