By Associated Press
Undated – A published report shows 43 projects are seeking Michigan film industry tax credits worth $129.3 million. The problem, the Detroit News reports, is that figure represents seven times the $17.9 million the Michigan Film Office says it has left to award.
The News obtained applications filed with the film office under the Freedom of Information Act and reported Saturday on its findings. The projects include movies featuring big names such as Tyler Perry, Johnny Depp and Mary J. Blige.
Governor Rick Snyder has proposed setting an annual $25 million cap on the tax credits, which currently are not limited. The GOP-led legislature still must approve the Republican governor's plan, but the film office is operating under the $25 million target.