Introduced
by
To make a number of clarifications, corrections or technical adjustments to provisions of the state income tax related to the taxation of businesses. The package consists of House Bills 4937 to 4968. This bill clarifies that targeted corporate tax credit (and subsidy) “clawback” provisions in the repealed Michigan Business Tax also apply under the state income tax.
Referred to the Committee on Tax Policy
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 69 to 39 (details)
Passed in the Senate 26 to 12 (details)
To make a number of clarifications, corrections or technical adjustments to provisions of the state income tax related to the taxation of businesses. The package consists of House Bills 4937 to 4968. This bill clarifies that targeted corporate tax credit (and subsidy) “clawback” provisions in the repealed Michigan Business Tax also apply under the state income tax.
