2003 Senate Bill 420

Introduced in the Senate

April 29, 2003

Introduced by Sen. Bob Emerson (D-27)

To extend the corporate officer sales tax liability provisions of the Revenue Act to persons who are members, managers or in similar positions in limited liability companies, limited liability partnerships, or limited partnerships. This bill is one of many authorizing “revenue enhancements” which Gov. Jennifer Granholm has proposed to close a gap between state spending and expected revenue in the Fiscal Year 2003-2004 budget.

Referred to the Committee on Finance