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Key Votes

S Sub for Sub HB 5194 - Income Tax Increase - Key Vote

Michigan Key Votes

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Family

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Note

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.

Stage Details

Legislation - Conference Report Adopted (Senate) (20-19) - (Key vote)

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)].
Legislation - Signed (Executive) -

Title: Income Tax Increase

Legislation - Conference Report Adopted (House) (57-52) - (Key vote)

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)].
Legislation - Concurrence Vote Failed (House) (0-108) -
Legislation - Bill Passed (Senate) (21-17) -
Legislation - Introduced (House) -

Title: Income Tax Increase

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