2010 House Bill 5816

Revise MBT small business credit and threshold

Introduced in the House

Feb. 16, 2010

Introduced by Rep. Brian Calley (R-87)

To eliminate the cap on the maximum income the proprietor or shareholder of a small business can receive from a firm in one year without removing the firm’s eligibility for the Michigan Business Tax small business credit, and raise the annual gross receipts threshold at which MBT liability starts, from $350,000 to $1 million.

Referred to the Committee on Tax Policy