2008 Senate Bill 1038

Senate Roll Call 52: Passed

To exclude from the definition of gross receipts subject to the Michigan Business Tax revenue from federal or Michigan government bond interest; any tax, fee, surcharge or bottle deposit amounts a firm is required to collect; dividends and royalties received from a foreign operating entity; certain Medicaid nursing home reimbursements; certain business equipment lease expenses; state license fees; sale of fully depreciated property; and more.

21 Yeas / 17 Nays
Republican (21 Yeas / 0 Nays)
Democrat (0 Yeas / 17 Nays)