Introduced
by
To exclude services rendered by a partner to a partnership from the definition of "business activity" in the Michigan Business Tax; and revise the definition of "business income" for a partnership or S corporation, and for a person conducting investment activity.
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the substitute (S-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
Passed in the Senate 21 to 17 (details)
Referred to the Committee on Tax Policy