SB 957 - Single Tax Credit: Alternative Tax Rate and Percentage Reduction in Liability - Michigan Key Vote
Michael Murphy voted Nay (Passage) on this Legislation.
Timeline
- Senate Concurrence Vote Passed
- Jan. 25, 2006
- House Bill Passed
- Jan. 24, 2006
- Senate Bill Passed
- Jan. 19, 2006
- Introduced
- Jan. 11, 2006
Related Issues
Stage Details
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.
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.
Title: Single Tax Credit: Alternative Tax Rate and Percentage Reduction in Liability
Title: Single Tax Credit: Alternative Tax Rate and Percentage Reduction in Liability