Introduced
by
To authorize a Single Business Tax credit for employers who provide health insurance, and to require the Department of Treasury to study the feasibility of imposing higher taxes on employers who do not provide health insurance for employees. Note: One consequence of Michigan’s Single Business Tax is that employers who provide health insurance pay more tax than those who do not. See Senate Bills 672 and 673, which gradually eliminate part of this additional tax.
Referred to the Committee on Tax Policy