Introduced
by
To reduce the rate of the financial institution tax component of the Michigan Business Tax from 0.235 percent to 0.21 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
