2007 House Bill 4385 (FY 2008 Executive Budget “Revenue Enhancements” )

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• Introduced by Rep. Doug Bennett on March 1, 2007, to increase penalties on failing to file or remit various taxes, including income tax withholding, sales and use tax, and more. Also, to require the Department of Treasury to post on the internet tax “bulletins” and private “letter rulings” regarding tax law regulations and interpretations. This is one of a number of “tax expenditure repeal” and related proposals included in Gov. Jennifer Granholm’s Fiscal Year 2007-2008 budget recommendation, which is based on approximately $1 billion in tax increases.
  • Referred to the House Tax Policy Committee on March 1, 2007.
    • Reported in the House on April 5, 2007, without amendment and with the recommendation that the bill pass.
• Passed in the House (60 to 48) on April 17, 2007, to increase penalties on failing to file or remit various taxes, including income tax withholding, sales and use tax, and more. Also, to require the Department of Treasury to post on the internet tax “bulletins” and private “letter rulings” regarding tax law regulations and interpretations. This is one of a number of “tax expenditure repeal” proposals proposed to pay for higher spending in the Fiscal Year 2007-2008 budget, and would increase government revenue by approximately $5 million. [Vote Details and Comments]
• Received in the Senate on April 19, 2007.
  • Referred to the Senate Finance Committee on April 19, 2007.

Comments

Introduced by Rep. Doug Bennett on March 1, 2007. Passed in the House (60 to 48) on April 17, 2007. New Comment