2005 Senate Bill 453 ↩

Senate Roll Call 635: Passed

To establish a state earned income tax credit (EITC), which would provide a refundable income tax credit equal to 20 percent of the federal EITC in 2009, and 10 percent in 2008. The federal EITC is a refundable tax credit (or “reverse income tax”) for low income workers. The bill was part of a "deal" between legislative Republicans and Democrats to get the latter's support for immediate effect on <a href="http://www.michiganvotes.org/2006-HB-6213">House Bill 6213</a>, which corrects unintended consequences of a bill that increased mandated private sector minimum wage levels, and in the process upset the balance of a law mandating that employers in certain industries must pay overtime rates for shifts lasting longer than eight hours.