To require the state to pay 3 percent in interest (annual rate) to a taxpayer who is due a tax refund because of an overpayment (including excessive "withholding"), starting 60 days after the claim is filed. Official Text and Analysis.
Referred to the House Tax Policy Committee on January 9, 2013
Reported in the House on March 6, 2013
With the recommendation that the substitute (H-2) be adopted and that the bill then pass.
Substitute offered in the House on April 11, 2013
The substitute passed by voice vote in the House on April 11, 2013
Substitute offered by Rep. Mike Shirkey R-Clark Lake on April 18, 2013
To replace the previous version of the bill with one that revises details but does not change the substance as previously described.
The substitute passed by voice vote in the House on April 18, 2013
To require the state to pay 3 percent in interest (annual rate) to a taxpayer who is due a tax refund because of an overpayment (including excessive "withholding"), starting 60 days after the claim is filed. This would be in addition to the current requirement that interest be paid at a rate that is 1 percent over the prime rate.
Received in the Senate on April 23, 2013
Referred to the Senate Finance Committee on April 23, 2013
Reported in the Senate on May 28, 2013
With the recommendation that the bill pass.
Substitute offered in the Senate on October 3, 2013
The substitute passed by voice vote in the Senate on October 3, 2013