To no longer exempt state employee pension income from the state income tax, as proposed by Gov. Rick Snyder as part of a plan to reduce the state business tax. Under current law, government employee pensions are completely exempt, and private sector retiree pension is exempt up to $45,120 on a single return and $90,240 on joint returns. Note: The Lt. Governor broke the tie vote by voting in favor.
19 Yeas / 19 Nays | |
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Republican (19 Yeas / 7 Nays) | |
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Democrat (0 Yeas / 12 Nays) | |
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