To authorize a Michigan Business Tax credit equal to the amount a firm spent preparing to comply with the <a href="http://www.michiganvotes.org/2007-HB-5198">6 percent tax on many services</a> that the legislature passed on Oct. 1, 2007 and repealed on Dec. 1, 2007. The credit would not be refundable or carry-forwardable, so would be limited to a firms current year tax liability.
22 Yeas / 14 Nays | |
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Democrat (2 Yeas / 14 Nays) | |
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Excused or Not Voting (2) | |
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