Business

Michigan wants to cut film-industry credits

Alex Brown Contributor

The credits are about to roll on Michigan’s Hollywood adventure.

In his first budget, issued Thursday, Republican Gov. Rick Snyder proposed eliminating film-industry tax credits, which helped attract television programs like ABC’s cop show “Detroit 1-8-7” and movies like “Transformers 3” and “Cedar Rapids.” In its place, he proposed a $25 million grant to the state’s strategic fund, which promotes economic development and job creation.

Full Story: Michigan wants to cut film-industry credits