Introduced
by
To make a variety of changes to the definition of “gross receipts” in the Michigan Business Tax. The MBT taxes businesses both on their profit and also on their gross receipts (with some modifications), even if they do not make a profit.
Referred to the Committee on Tax Policy
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Substitute offered
by
To replace the previous version of the bill with one that creates many more gross receipt exemptions. This would essentially mirror Senate Bill 1038.
Consideration postponed
Withdrawn
by
The Hildebrand substitute.
Passed in the House 100 to 0 (details)
Referred to the Committee on Finance
