2010 House Bill 6105

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

Introduced in the House

May 4, 2010

Introduced by Rep. Brian Calley (R-87)

To reduce the rate of the insurance premium tax component of the Michigan Business Tax from 1.25 percent to 1.10 percent, 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