2011 House Bill 5183

Keep granting certain corporate tax breaks

Introduced in the House

Nov. 28, 2011

Introduced by Rep. Ellen Lipton (D-27)

To eliminate a 2012 sunset on a particular business tax break under which certain investors can take $250,000 off their state tax liability. Under the provision this bill would extend, up to $9 million worth of these tax breaks could be given out annually to investors selected by political appointees on the board of the Michigan Strategic Fund.

Referred to the Committee on Tax Policy