2010 House Bill 6114

Cut MBT, replace revenue by eliminating selective tax breaks, subsidies

Introduced in the House

May 4, 2010

Introduced by Rep. David Agema (R-74)

To eliminate any future selective Michigan Business Tax business tax breaks being granted by government “economic development” agency officials to firms that also enjoy “renaissance zone” tax exemptions. The bill is part of a package that includes a number of targeted tax break repeals, and House Bills 6103 to 6107, which would use the foregone revenue from these to cut the Michigan Business Tax rate for all firms.

Referred to the Committee on Tax Policy