Introduced
by
To not allow a person to deduct from state income tax the amount of a contribution to several Michigan education savings plan accounts, rather than just one. See House Bill 5138.
Referred to the Committee on Education
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 103 to 0 (details)
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the substitute (S-2) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that also increases the maximum amount of government pension income that is exempt under the state income tax, and indexes this to inflation.
The substitute passed by voice vote
Passed in the Senate 33 to 1 (details)
To increase the maximum amount of government pension income that is exempt under the state income tax, and index this to inflation. Note: Although government pensions up to these limits are state income tax exempt, the pensions of non-government workers are not exempt and are subject to the 4.35 percent state income tax. The bill would also not allow a person to deduct from state income tax the amount of a contribution to several Michigan education savings plan accounts, rather than just one, and would increase the cap on the amount of education plan contributions that a senior citizen may deduct. See House Bill 5138.
To concur with the Senate-passed version of the bill, which also increased the maximum amount of government pension income that is exempt under the state income tax, and indexed this to inflation.
Passed in the House 108 to 0 (details)
