S Sub for Sub HB 5194 - Income Tax Increase - Michigan Key Vote
Mike Simpson voted Nay (Conference Report Vote) on this Legislation.
Timeline
- Senate Conference Report Adopted
- Oct. 1, 2007
- Executive Signed
- Oct. 1, 2007
- House Conference Report Adopted
- Sept. 30, 2007
- House Concurrence Vote Failed
- Sept. 23, 2007
- Senate Bill Passed
- Sept. 23, 2007
- Introduced
- Sept. 23, 2007
Related Issues
Stage Details
Title: Income Tax Increase
Highlights:
- Increases income tax to 4.35 percent starting October 1, 2007 [sec. 51 (1)(g)]. - Starting October 1, 2011, income tax gradually lowers back down to 3.9 percent by 2015 [sec. 51 (1)(i)]. - Provides a $250.00 per person exemption for veterans with a disability connected to their service and their dependents [sec. 30 (3)(d)].
Title: Income Tax Increase
Signed by Governor Jennifer Granholm
Title: Income Tax Increase
Highlights:
- Increases income tax to 4.35 percent starting October 1, 2007 [sec. 51 (1)(g)]. - Starting October 1, 2011, income tax gradually lowers back down to 3.9 percent by 2015 [sec. 51 (1)(i)]. - Provides a $250.00 per person exemption for veterans with a disability connected to their service and their dependents [sec. 30 (3)(d)].
Title: Income Tax Increase
More Info About this Vote
NOTE: THIS IS A SUBSTITUTE BILL, MEANING THE LANGUAGE OF THE ORIGINAL BILL HAS BEEN REPLACED. THE DEGREE TO WHICH THE SUBSTITUTE BILL TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY.