Introduced
by
To authorize a Michigan Business Tax deduction for the gains to firms participating in certain state-subsidized low income housing ventures.
Referred to the Committee on Tax Policy
Reported without amendment
With the recommendation that the substitute (H-2) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that reduces the proposed tax break by revising the details of a proposed gross receipts tax base deduction.
The substitute passed by voice vote
Passed in the House 107 to 0 (details)
Referred to the Committee on Finance
Passed in the Senate 37 to 0 (details)
To authorize a Michigan Business Tax deduction for the gains to firms participating in certain state-subsidized low income housing ventures.