Introduced by Rep. Jud Gilbert (R) on March 23, 2011, to no longer exempt public school employee pension income from the state income tax, as proposed by Gov. Rick Snyder as part of a plan to reduce the state business tax. Under current law, government employee pensions are completely exempt, and private sector retiree pension is exempt up to $45,120 on a single return and $90,240 on joint returns.
Referred to the House Tax Policy Committee on March 23, 2011.
Reported in the House on April 27, 2011, without amendment and with the recommendation that the bill pass.
Referred to the Senate Reforms, Restructuring and Reinventing Committee on August 4, 2011.
Reported in the Senate on May 12, 2011, with the recommendation that the bill pass.
Passed 19 to 19 in the Senate on May 12, 2011, to no longer exempt public school employee pension income from the state income tax, as proposed by Gov. Rick Snyder as part of a plan to reduce the state business tax. Under current law, government employee pensions are completely exempt, and private sector retiree pension is exempt up to $45,120 on a single return and $90,240 on joint returns. Who Voted "Yes" and Who Voted "No"
Comments
1) 2011 House Bill 4481 (Repeal pension income tax exemption ) by admin on January 1, 2001 Introduced in the House on March 23, 2011, to no longer exempt public school employee pension income from the state income tax, as proposed by Gov. Rick Snyder as part of a plan to reduce the state business tax. Under current law, government employee pensions are completely exempt, and private sector retiree pension is exempt up to $45,120 on a single return and $90,240 on joint returns
The vote was 56 in favor, 50 opposed and 4 not voting