To make a number of clarifications, corrections or technical adjustments to provisions of the state income tax related to the taxation of businesses. The package consists of House Bills 4937 to 4968. This bill clarifies that targeted corporate tax credit (and subsidy) “clawback” provisions in the repealed Michigan Business Tax also apply under the state income tax.
26 Yeas / 12 Nays | |
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Democrat (0 Yeas / 12 Nays) | |
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