2011 House Bill 4361

Senate Roll Call 170: Passed

To replace the Michigan Business Tax with a 6 percent corporate income tax; eliminate several corporate tax breaks and subsidies; repeal a gradual cut in the personal income rate from 4.25 percent to 3.95 percent; scale-back the current income tax exemption for pension income; reduce the Earned Income Tax by 70 percent, eliminate or reduce other income tax deductions and credits including the homestead property tax credit, personal exemption and dependent child credit; and make many other tax code revisions.

19 Yeas / 19 Nays
Republican (19 Yeas / 7 Nays)
Democrat (0 Yeas / 12 Nays)