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 Tax Policy
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Passed in the House 88 to 18 (details)
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 29 to 6 (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.
Referred to the Committee on Tax Policy