Public Act 124 of 2009

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• Introduced by Sen. Nancy Cassis (R) on January 27, 2009, to require the Department of Treasury to divulge to the chairpersons of the Senate and House Finance or Tax committees, or the directors of the Senate and House Fiscal Agencies, information about business tax revenues, including the amount of business income and gross receipts tax subject to tax, business income tax liability, various tax credits, etc.
  • Referred to the Senate Finance Committee on January 27, 2009.
    • Reported to the Senate on January 28, 2009, with the recommendation that the bill pass.
  • Substitute offered in the Senate on February 11, 2009, to replace the previous version of the bill with one that reduces the amount of disclosures that would be required. Specifically, the department would not have to provide an itemization of "all additional (Michigan Business Tax) credits" or "total alternative credits". The substitute passed by voice vote in the Senate on February 11, 2009.
• Passed 36 to 0 in the Senate on February 12, 2009.
  Who Voted "Yes" and Who Voted "No"
• Received in the House on February 17, 2009.
  • Referred to the House Tax Policy Committee on February 17, 2009.
    • Reported in the House on September 24, 2009, with the recommendation that the substitute (H-2) be adopted and that the bill then pass.
  • Substitute offered in the House on October 14, 2009, to replace the previous version of the bill with one that revises various details, but does not change its substance. This was rejected for another substitute with more changes. The substitute failed by voice vote in the House on October 14, 2009.
  • Amendment offered by Rep. Kate Ebli (D) on October 14, 2009, to replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described. The amendment passed by voice vote in the House on October 14, 2009.
• Passed 105 to 0 in the House on October 14, 2009, to require the Department of Treasury to divulge to the chairpersons of the Senate and House Finance or Tax committees, or the directors of the Senate and House Fiscal Agencies, information about business tax revenues, including the amount of business income and gross receipts tax subject to tax, business income tax liability, various tax credits, etc.
  Who Voted "Yes" and Who Voted "No"
• Received in the Senate on October 15, 2009.
• Passed 35 to 0 in the Senate on October 15, 2009, to concur with the House-passed version of the bill.
  Who Voted "Yes" and Who Voted "No"
• Signed by Gov. Jennifer Granholm on October 27, 2009.