Introduced
by
To revise details of a <a href="http://www.michiganvotes.org/2012-SB-1069">2012 law</a> that gradually phases out a so-called “personal property tax” that imposes annual property taxes on tools and equipment owned by “industrial” firms. The bill would revise details of the definition of what property is taxable and what business operations are considered “industrial”.
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 27 to 9 (details)
Referred to the Committee on Tax Policy
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered
The substitute passed by voice vote
Passed in the House 81 to 27 (details)
To revise details of a <a href="http://www.michiganvotes.org/2012-SB-1069">2012 law</a> that gradually phases out a so-called “personal property tax” that imposes annual property taxes on tools and equipment owned by “industrial” firms. The bill would revise details of the definition of what property is taxable and what business operations are considered “industrial”.
Passed in the Senate 28 to 10 (details)
To concur with the House-passed version of the bill.
