SB 69 - Alternative Business Tax Eligibility Amendments - Michigan Key Vote

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Title: Alternative Business Tax Eligibility Amendments

Vote Smart's Synopsis:

Vote to pass a bill that raises the maximum limit on pay for business owners and officers to have their businesses qualify for the 1.8 percent alternative tax rate to the Michigan Business Tax from $180,000 to $210,000.

Highlights:

-This is a substitute bill by the Senate Committee on Finance.

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.

Title: Alternative Business Tax Eligibility Amendments

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