Introduced
To require the Department of Treasury to prepare and post on the Internet a list of every tax credit available under the Michigan Business Tax, and to submit to the legislature a report showing the number of taxpayers who claimed each type of credit, including their names and addresses. Also, to require the department to report its assessment of the “effectiveness” of each credit. “Effectiveness” is not defined in the bill.
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
The substitute passed by voice vote
Passed in the Senate 32 to 4 (details)
Referred to the Committee on Tax Policy