Momentum building for film tax credit legislation
LANSING, MI – Haddad’s, one of the country’s top film and television equipment rental companies, is leading the charge for support of the Michigan film industry.
Haddad’s has stepped forward as an early investor in the Michigan Film Industry Association (MiFIA), recently donating $10,000 toward the organization’s advocacy efforts. This is in addition to helping create the association and donating hundreds of hours advocating for the state’s film industry.
“This is about job creation and economic investment at a time when both are desperately needed,” said David Haddad, owner of Haddad’s. “This is for the thousands of hardworking men and women who want to work in their home state of Michigan. The time is now!”
In December, legislation was introduced in the state House to create a two-tiered tax credit that provides incentives for Michigan-produced commercials as well as film, television and streaming productions. Sen. Adam Hollier plans to reintroduce the legislation this session. The action comes at a time when over 30 states offer film incentives and, in turn, receive the jobs, economic boost and related peripheral benefits from a multi-billion-dollar industry.
“We want Michigan talent to stay in Michigan,” said Haddad, whose offices include a Detroit location. “The outpouring of supporters has been tremendous. Now, we need the resources to take our advocacy efforts across the finish line.”
Film advocates, like Haddad, who co-chairs MiFIA, continue to educate state lawmakers on the legislation, which took more than three years to research and write. Drafters call the bills responsible to state taxpayers and a sound investment in Michigan’s economy.