Introduced
by
To eliminate the “modified gross receipts tax” component of the Michigan Business Tax, and change the rate of the remaining corporate income tax portion to 6 percent. This is what Gov. Rick Snyder has proposed, and would result in a substantial net reduction in state business tax levies.
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 adopt a version of the bill that incorporates all of Gov. Rick Snyder's income and business tax proposals. For complete details see House Fiscal Agency <a href="http://www.legislature.mi.gov/documents/2011-2012/billanalysis/House/pdf/2011-HLA-4361-3.pdf">analysis</a>.
The substitute passed by voice vote
Amendment offered
by
To revise various definitions that affect details of certain business and personal income tax deductions and credits.
The amendment passed by voice vote
Amendment offered
by
To not reduce the current pension exemption in the personal income tax. Under the bill, goverment employee pension income for taxpayers born before 1946 would still be fully exempt, and for others, pension income below $45,120 would be exempt. Those born between 1946 and 1952 would have a partial exemption, and those born later no exemption until age 67, when they would get a limited exemption.
The amendment failed by voice vote
Amendment offered
by
To retain the state Earned Income Tax Credit (EITC), rather than replacing it with a $25 per child payment to low income parents. The EITC is a refundable tax credit (or “reverse income tax”) that sends checks to low income workers. Under it, more than $300 million worth of Michigan tax revenue is redistributed annually to workers who have low incomes.
The amendment failed 48 to 59 (details)
Amendment offered
by
To not repeal an income tax credit for donations to municipal art projects, public broadcasting stations, libraries, universities, etc.
The amendment failed by voice vote
Amendment offered
by
To not repeal an income tax credit for donations to homeless shelters, food banks and similar institutions.
The amendment failed by voice vote
Amendment offered
by
To not repeal certain corporate subsidies and tax breaks for developers who rehab or redevelop certain “brownfield” properties.
The amendment failed by voice vote
Amendment offered
by
The amendment failed by voice vote
Amendment offered
by
The amendment failed by voice vote
Amendment offered
by
To not repeal certain corporate subsidies and tax breaks for developers who rehab or redevelop certain “historic resource” properties.
The amendment failed by voice vote
Amendment offered
by
To revise the definition of “household resources” in a way that would raise the income cap on eligibility for certain personal income tax credits.
The amendment failed by voice vote
Amendment offered
by
To earmark to the School Aid Fund an amount of revenue from the new corporate income tax that is equal to the amount distributed to the SAF by the Michigan Business Tax (which collected much more total revenue than the new tax).
The amendment failed by voice vote
Amendment offered
by
To not repeal the unlimited state subsidy for film producers.
The amendment failed by voice vote
Passed in the House 56 to 53 (details)
To replace the Michigan Business Tax with a 6 percent corporate income tax; eliminate several corporate tax breaks and subsidies; repeal a gradual cut in the personal income rate from 4.25 percent to 3.95 percent; scale-back the current income tax exemption for pension income; replace the Earned Income Tax credit with a $25 per child payment to low income parents eliminate or reduce other income tax deductions and credits including the homestead property tax credit, personal exemption and dependent child credit; and make many other tax code revisions. For details see House Fiscal Agency <a href="http://www.legislature.mi.gov/documents/2011-2012/billanalysis/House/pdf/2011-HLA-4361-3.pdf">analysis</a>.
Referred to the Committee on Reforms, Restructuring, and Reinventing
Reported without amendment
With the recommendation that the bill pass.
Substitute offered
To adopt a version of the bill that cuts but does not eliminate the Earned Income Tax Credit, and which allows the recipients of some corporate subsidies granted in the form of "assignable" tax credits to "sell" these back to the state for 90 cents on the dollar.
The substitute passed by voice vote
Amendment offered
by
To tie-bar the bill to Senate Bill 117, meaning this bill cannot become law unless that one does also does. SB 117 would require elected state officials to file personal financial disclosure statements.
The amendment failed 13 to 25 (details)
Amendment offered
by
To leave in place the current income tax exemption on all income from government pensions and some income from private sector pensions.
The amendment failed 19 to 18 (details)
Amendment offered
by
To leave in place for persons age 67 and above the current income tax exemption on all income from government pensions and some income from private sector pensions.
The amendment failed 16 to 21 (details)
Motion to reconsider
by
The vote stripping out repeal of the income tax pension exemption.
The motion failed 14 to 24 (details)
Amendment offered
by
To not repeal a $1,800 tax exemption for individuals who have a dependent age 65 or above living in the household.
The amendment failed 16 to 22 (details)
Amendment offered
by
To not repeal a certain income tax deduction for dividend, interest and capital gain income earned by senior citizens.
The amendment failed 16 to 22 (details)
Amendment offered
by
To strip out a provision that cuts the Earned Income Tax Credit by 70 percent.
The amendment failed 14 to 24 (details)
Amendment offered
by
The amendment failed 14 to 24 (details)
Amendment offered
by
To not repeal the income deduction for certain charitable donations.
The amendment failed 18 to 20 (details)
Amendment offered
by
To not repeal an income tax deduction for IRA money withdrawn and used for certain college expenses.
The amendment failed 17 to 21 (details)
Amendment offered
by
To not repeal an income tax exemption for certain unemployment insurance benefit income.
The amendment failed 16 to 22 (details)
Amendment offered
by
To not repeal a certain income tax deduction for child care expenses.
The amendment failed 18 to 20 (details)
Amendment offered
by
To repeal certain corporate tax breaks for money invested in certain businesses approved by state economic development officials.
The amendment failed 13 to 25 (details)
Amendment offered
by
To not reduce the homestead property tax credit individuals may claim against their income tax liability.
The amendment failed 17 to 21 (details)
Amendment offered
by
To prospectively repeal a provision exempting from income tax the pension income of government employees, if a court rules that this violates the constitution.
The amendment failed 17 to 21 (details)
Motion
by
To let stand a parliamentary ruling that Senators who might benefit from certain tax cuts in the bill must decide for themselves whether voting for it would be a conflict of interest.
The motion passed 26 to 12 (details)
Passed in the Senate 19 to 19 (details)
To replace the Michigan Business Tax with a 6 percent corporate income tax; eliminate several corporate tax breaks and subsidies; repeal a gradual cut in the personal income rate from 4.25 percent to 3.95 percent; scale-back the current income tax exemption for pension income; reduce the Earned Income Tax by 70 percent, eliminate or reduce other income tax deductions and credits including the homestead property tax credit, personal exemption and dependent child credit; and make many other tax code revisions.
Motion
To give the bill immediate effect (a two-thirds majority is needed).
The motion failed 25 to 11 (details)
Motion
To give the bill immediate effect.
The motion passed 26 to 12 (details)
Passed in the House 56 to 52 (details)
To concur with the Senate-passed version of the bill, which among other things cut rather than eliminated the state Earned Income Tax Credit for low income wage-earners.
