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• Introduced by Rep. Steve Bieda (D) on October 15, 2008, to exclude from the income tax base of the Michigan Business Tax certain royalty and interest payments made to a foreign person.
  • Referred to the House Tax Policy Committee on October 15, 2008.
    • Reported in the House on November 12, 2008, without amendment and with the recommendation that the bill pass.
• Passed 105 to 0 in the House on November 13, 2008.
  Who Voted "Yes" and Who Voted "No"
• Received in the Senate on December 2, 2008.
  • Referred to the Senate Finance Committee on December 2, 2008.