SBAM Statement on Pro-Small Business Legislative Action
December 15, 2021
For Immediate Release
December 14, 2021
Contact: Laura Biehl, email@example.com
SBAM President Brian Calley issued the following statement after pro-small business legislation was approved by the Michigan Legislature:
“The Legislature is taking action to provide critical small business support that is going to be a game changer for Michigan’s small businesses trying to recover from the pandemic.
Earlier in 2021, pro-small business legislators proposed a thoughtful package of support to recognize and compensate for the extensive toll small businesses faced under the state’s pandemic response. SBAM was and is strongly in favor of that legislation and we are thankful to see it passed today alongside large deal economic incentives.
Additionally, the House and Senate have worked together to pass a substantial increase of the small business exemption from the commercial personal property tax. This important action will exempt all parcels with up to $180,000 in value and save substantial administrative expenses.
It is often said that small businesses are the backbone of our economy. Today, the Legislature proved that they believe it with their actions. A special thank you to Senator Shirkey and Speaker Wentworth for using this discussion and debate regarding incentives to support small businesses.”