Introduced
by
To eliminate the state <a href="http://www.michiganvotes.org/2006-SB-453">earned income tax credit</a>, which grants recipients an amount equal to 6 percent of the federal EITC. The EITC is a refundable tax credit (or “reverse income tax”) that sends checks to low income workers, totaling around $115 million annually. This is part of a House package that generates $1.163 billion more for annual road repairs by 2019, mostly by reprioritizing current state spending.
Referred to the Committee on Roads and Economic Development
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Amendment offered
by
To tie-bar the bill to House Bill 4341, meaning this bill cannot become law unless that one does also. HB 4341 would impose a graduated income tax ranging from 3 percent on the first $20,000 of income ($40,000 for a joint return) to 10 percent on annual income above $1 million. The amendment would also make EITC repeal contingent on the House road funding package being enacted.
The amendment failed by voice vote
Passed in the House 57 to 52 (details)
Referred to the Committee on Government Operations
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
