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Governor Granholm Signs Michigan Business Tax into Law

July 12, 2007

Governor Jennifer M. Granholm today signed Senate Bill 94, officially enacting the Michigan Business Tax (MBT) to make Michigan more competitive and attract job providers to the state. The new law takes effect January 1, 2008.

"The new Michigan Business Tax will make Michigan's business climate more competitive and will help us attract jobs and job providers," Granholm said. "Instead of punishing business for creating new jobs, the MBT will encourage companies to invest in Michigan today and expand in the future."

> press release
photo courtesy of Cathy Ottarson
July 12, 2007
Lansing, MI

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