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Key Votes

SB 957 - Single Tax Credit: Alternative Tax Rate and Percentage Reduction in Liability - Key Vote

Michigan Key Votes

Stages

Family

Issues

Stage Details

Legislation - Concurrence Vote Passed (Senate) (23-14) - (Key vote)

Title: Single Tax Credit: Alternative Tax Rate and Percentage Reduction in Liability

Vote Smart's Synopsis:

Vote to concur with House amendments and pass a bill that reduces the alternative tax rate from two percent to one percent for certain small, low-profit businesses, and increases the maximum allowable shareholder or officer-allocated income used to determine eligibility for the small business credit/alternative rate from $115,000 to $125, 000.

Legislation - Bill Passed (House) (65-40) - (Key vote)

Title: Single Tax Credit: Alternative Tax Rate and Percentage Reduction in Liability

Vote Smart's Synopsis:

Vote to pass a bill that reduces the alternative tax rate from two percent to one percent for certain small, low-profit businesses, and increases the maximum allowable shareholder or officer-allocated income used to determine eligibility for the small business credit/alternative rate from $115,000 to $125, 000.

Legislation - Bill Passed (Senate) (22-15) - (Key vote)

Title: Single Tax Credit: Alternative Tax Rate and Percentage Reduction in Liability

Legislation - Introduced (Senate) -

Title: Single Tax Credit: Alternative Tax Rate and Percentage Reduction in Liability

Sponsors

  • Nancy C. Cassis (MI - R) (Out Of Office)
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