Introduced
by
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 Committee on Tax Policy
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 60 to 48 (details)
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.
Referred to the Committee on Finance
