2008 Senate Bill 1054

Revise MBT provisions

Introduced in the Senate

Jan. 23, 2008

Introduced by Sen. John Pappageorge (R-13)

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

Feb. 5, 2008

Reported without amendment

With the recommendation that the substitute (S-1) be adopted and that the bill then pass.

Feb. 14, 2008

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)

Received in the House

Feb. 14, 2008

Referred to the Committee on Tax Policy