2007 Senate Bill 939 / Public Act 179

Replace SBT references with MBT in various statutes

Introduced in the Senate

Nov. 29, 2007

Introduced by Sen. Randy Richardville (R-17)

To revise references to the repealed Single Business Tax in the mortgage brokers, lenders, and servicers licensing act, and replace them with references to the new <a href=“http://www.michiganvotes.org/2007-SB-94”>Michigan Business Tax </a> (MBT).

Referred to the Committee on Finance

Dec. 6, 2007

Reported without amendment

With the recommendation that the bill pass.

Passed in the Senate 37 to 0 (details)

Received in the House

Dec. 6, 2007

Referred to the Committee on Tax Policy

Dec. 12, 2007

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Passed in the House 108 to 0 (details)

To revise references to the repealed Single Business Tax in the mortgage brokers, lenders, and servicers licensing act, and replace them with references to the new <a href=“http://www.michiganvotes.org/2007-SB-94”>Michigan Business Tax </a> (MBT).

Signed by Gov. Jennifer Granholm

Dec. 20, 2007