2011 House Bill 4953 / Public Act 173

Corporate Income Tax “cleanup” package

Introduced in the House

Sept. 13, 2011

Introduced by Rep. Frank Foster (R-107)

To make a number of clarifications, corrections or technical adjustments to provisions of the state income tax related to the taxation of businesses. The package consists of House Bills 4937 to 4968. This bill affects the tax liability of non-profit cooperative electric companies.

Referred to the Committee on Tax Policy

Sept. 14, 2011

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Sept. 21, 2011

Passed in the House 68 to 40 (details)

Received in the Senate

Sept. 22, 2011

Sept. 28, 2011

Passed in the Senate 26 to 12 (details)

To make a number of clarifications, corrections or technical adjustments to provisions of the state income tax related to the taxation of businesses. The package consists of House Bills 4937 to 4968. This bill affects the tax liability of non-profit cooperative electric companies.

Signed by Gov. Rick Snyder

Oct. 11, 2011