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2010 House Bill 6114: Cut MBT, replace revenue by eliminating selective tax breaks, subsidies
Introduced by Rep. David Agema (R) on May 4, 2010
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.   Official Text and Analysis.
Referred to the House Tax Policy Committee on May 4, 2010