2010 House Bill 6107

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

Introduced in the House

May 4, 2010

Introduced by Rep. Paul Scott (R-51)

To repeal the <a href="http://www.michiganvotes.org/2007-HB-5408">21.99 percent Michigan Business Tax surcharge</a> imposed on businesses as part of a $1.4 billion tax hike passed in 2007, eliminate a scheduled reduction in an MBT research and development credit, and make up all or part of the revenue reduction by eliminating a number of selective business tax breaks and subsidies (see House Bills 6108 to 6119, and HB 5249). House Bills 6103 to 6107 each propose cutting one of the MBT components.

Referred to the Committee on Tax Policy