2008 Senate Bill 1065: Increase income tax credit for home property tax

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Introduced by Sen. Nancy Cassis (R) on January 29, 2008, to increase from $1,200 to $1,500 the maximum value of the homestead property tax credit that a person with an income below a certain level can claim on his or her state income tax.
- Referred to the Senate Finance Committee on January 29, 2008.
- Substitute offered in the Senate on March 27, 2008, to replace the previous version of the bill with one that raised the credit to $1,300, and also raise the income cap above which the tax credit phases out. The substitute passed by voice vote in the Senate on March 27, 2008.
Passed 34 to 3 in the Senate on March 27, 2008, to increase from $1,200 to $1,300 the maximum value of the homestead property tax credit that a person with an income below a certain level can claim on his or her state income tax, and to increase that household income cap from $73,650 to 83,650.
Who Voted "Yes" and Who Voted "No"
Received in the House on April 8, 2008.
- Referred to the House Commerce Committee on April 8, 2008.

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1) Sen. Prusi’s "journal statement" by Admin003 on March 28, 2008
Senators Prusi and Cherry, under their constitutional right of protest (Art. 4, Sec. 18), protested against the passage of Senate Bill No. 1065.

Senator Prusi moved that the statement he made during the discussion of the bill be printed as his reasons for voting “no.”

The motion prevailed.

Senator Prusi’s statement, in which Senator Cherry concurred, is as follows:

I apologize for not jumping up on the previous bill and explaining why I was not in support of it or in support of this bill. It’s not because I’m against giving relief in these cases. It’s simply because once again we’re making significant changes to the tax structure on the fly. We’ve had no committee testimony. We don’t have anything but ballpark figures—$20 million, $200 million, $60 million, $165 million. I’ve heard five or six different figures bandied about here. I think that’s a rather significant impact to the state’s revenue stream.

Without proper testimony, without proper and due deliberation in committee, and for that reason, even though I may at some point like what is in these bills, I haven’t even had a chance to weigh them or study them. I’ve not had a chance to take testimony from the people across the state of Michigan who might have an interest in this legislation.

At this point, I cannot support the bills, and that is as close to the subject as I can get.

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2) 2008 Senate Bill 1065 (Increase income tax credit for home property tax ) by admin on January 1, 2001
Introduced in the Senate on January 29, 2008, to increase from $1,200 to $1,300 the maximum value of the homestead property tax credit that a person with an income below a certain level can claim on his or her state income tax, and to increase that household income cap from $73,650 to 83,650

The vote was 34 in favor, 3 opposed and 1 not voting

(Senate Roll Call 222 at Senate Journal 33)

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