To increase the property tax credit a homeowner or renter can claim against the state income tax, by increasing the income threshold in the formula used to calculate this “homestead” or principle residence exemption. The vote is part of a deal made with Democrats by Gov. Rick Snyder and Senate Majority Leader Randy Richardville to get their votes on a $1.2 billion fuel tax increase, and will only go into effect if that tax hike is enacted.
37 Yeas / 1 Nay | |
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Democrat (12 Yeas / 0 Nays) | |
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