2005 Senate Bill 864

Eliminate SBT credit for PEOs

Introduced in the Senate

Nov. 3, 2005

Introduced by Sen. Wayne Kuipers (R-30)

To establish that the compensation paid to employees of a professional employer association (PEO) that are “leased” are to another firm is not included in the PEO’s employee compensation for purposes of calculating certain Single Business Tax credits, but is included in the other company's. See also <a href="http://www.michiganvotes.org/2005-SB-171">Public Act 18</a>.

Referred to the Committee on Appropriations