Introduced
by
To include federally chartered farm credit system institutions in the definition of financial institutions under the Michigan Business Tax, which are taxed on the basis of the value of their net capital stock.
Referred to the Committee on Tax Policy
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 106 to 0 (details)
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 37 to 0 (details)
To include federally chartered farm credit system institutions in the definition of financial institutions under the Michigan Business Tax, which are taxed on the basis of the value of their net capital stock.
