Introduced
by
To repeal the language in current statute that authorizes a Michigan estate tax. Because of the linkage of this tax to a discontinued federal estate tax credit, no Michigan estate tax is currently levied, but one could be if federal law again changes.
Referred to the Committee on Tax Policy
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.
The substitute passed by voice vote
Amendment offered
by
To tie-bar the bill to House Bill 4811, meaning this bill cannot become law unless that one does also. HB 4811 would repeal Michigan's ban on suing the maker of prescription drugs that have been approved by the FDA, unless there was fraud involved.
The amendment failed by voice vote
Amendment offered
by
To only make the bill effective if Congress permanently repeals the federal estate tax. In 2001 Congress passed a law that gradually reduces the federal estate tax rate through 2010, when the tax will be temporarily repealed. However, at midnight on Dec. 31, 2010 the tax goes from zero percent to 50 percent of the value of a decedent's estate above $1 million.
The amendment failed 48 to 57 (details)
Passed in the House 62 to 45 (details)
Received
To give the bill immediate effect.
Failed in the House 63 to 44 (details)
Referred to the Committee on Finance
