Checkmark
Legislation watch
House Roll Call 865 on
2012 Senate Bill 1070: Cut tax imposed on business tools and equipment

To exempt commercial businesses (including ones that aren't manufacturers) whose tools and equipment in a particular community have a taxable value of less than $40,000 from the so-called “personal property tax,” which is imposed at the same rate as regular property taxes on buildings and land. Another bill in this package would eliminate this tax for industrial property, and others would reimburse the revenue that local governments and school districts now collect from it. This property tax on business tools and equipment currently costs Michigan employers around $1.2 billion annually, which over time would fall to about half that amount.

View the rest of Senate Bill 1070: History, Amendments & Comments 

facebook  twitter  View comments  Print-friendly version


IN FAVOR

HOUSE DEMOCRATS

HOUSE REPUBLICANS


AGAINST

HOUSE DEMOCRATS

HOUSE REPUBLICANS


HOUSE LEGISLATORS WHO DID NOT VOTE

HOUSE LEGISLATORS ORDERED BY NAME


House Roll Call 865 on 2012 Senate Bill 1070