Introduced
by
To authorize an alternative method that businesses defined as “flow through entities” can use to calculate their Michigan income tax liability, so as to mitigate the loss of certain federal credits and deductions changed by the 2017 federal tax cut and reform law.
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Amendment offered
To allocate a slightly larger share of the revenue from this tax to the state school aid fund.
The amendment passed by voice vote
Amendment offered
by
To make unemployment insurance benefits deductible from state income tax.
The amendment failed 17 to 20 (details)
Passed in the Senate 37 to 0 (details)
Referred to the Committee on Tax Policy
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Substitute offered
by
To replace the previous version of the bill with one that revises details but does not change the substance as previously described.
The substitute passed by voice vote
Passed in the House 64 to 45 (details)
To authorize an alternative method that businesses defined as “flow through entities” can use to calculate their Michigan income tax liability, so as to mitigate the loss of certain federal credits and deductions changed by the 2017 federal tax cut and reform law.
Passed in the Senate 38 to 0 (details)
To concur with the House-passed version of the bill.
