Introduced
by
To allow a business required to pay quarterly tax under the Michigan Business Tax to use the same methodology options allowed for federal business taxes.
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 also allows a firm to use its last year SBT payments as the basis for the quarterly estimate payment.
The substitute passed by voice vote
Passed in the Senate 21 to 17 (details)
Referred to the Committee on Tax Policy
