Introduced
by
To extend a Michigan Business Tax credit against the property tax imposed on business tools and equipment (“personal property tax”) to include this tax when it is imposed on leased tools and equipment, as proposed by House Bill 4866.
Referred to the Committee on Tax Policy
Substitute offered
by
The substitute passed by voice vote
Amendment offered
by
To tie-bar the bill to Senate Bill 71, meaning this bill cannot become law unless that one does also. SB 71 would require the Michigan Economic Growth Authority (MEGA) to submit reports to the legislature with details of the individual tax break deals it offers, not just aggregate data.
The amendment failed by voice vote
Referred to the Committee on Tax Policy
