Introduced
by
To revise the formula that a business may use to compute its Michigan Business Tax liability for the 2008 tax year, or for the portion of its first fiscal tax year under the new MBT. The bill would allow a firm to prorate its Michigan Business Tax liability for the initial 2008 tax year.
Referred to the Committee on Finance
Referred to the Committee of the Whole
With the recommendation that the bill pass.
Passed in the Senate 36 to 0 (details)
Referred to the Committee on Tax Policy
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises various details, but does not change its substance. This version was subsequently superseded by another substitute with more changes.
The substitute failed by voice vote
Substitute offered
by
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 House 104 to 0 (details)
To revise the formula that a business may use to compute its Michigan Business Tax liability for the 2008 tax year, or for the portion of its first fiscal tax year under the new MBT. The bill would allow a firm to prorate its Michigan Business Tax liability for the initial 2008 tax year.
Passed in the Senate 37 to 0 (details)
To concur with the House-passed version of the bill.
