2009 Senate Bill 838 ↩
Senate Roll Call 525:
Passed
To lower the Michigan Business Tax surcharge from 22 percent to 14.66 percent in 2010, 7.33 percent in 2011, and zero after that (unless the legislature later suspends the phase-out); slightly lower the value of film production subsidies and cap at $1 million any one production's subsidy; cap certain targeted tax breaks; raise the caps on the maximum share of a business’s income that the proprietor or shareholder of a small business can receive and still be eligible for a lower small business MBT rate; earmark $100 million in MBT revenue to schools; and make other MBT revisions.