‘Michael’ Sequel to Get $31 Million in California Tax Credits

By Gene Maddaus

Gene Maddaus

Senior Media Writer

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• ‘Michael’ Sequel to Get $31 Million in California Tax Credits 18 minutes ago
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California taxpayers will help underwrite the “Michael” sequel from Lionsgate, with $30.8 million in state tax incentives going toward the production.

“Michael 2” is one of 35 films that will receive $226 million tax incentives in total in the latest round of approvals from the California Film Commission.

The original “Michael” also received state support, taking $21 million in credits, before going on to reap more than $1 billion at the box office. California’s tax credit has become more generous since the first film was made, and will provide 35% of qualified costs compared to 17.5% for the original.

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