2007 Senate Bill 323

FY 2008 Executive Budget “Revenue Enhancements”

Introduced in the Senate

March 1, 2007

Introduced by Sen. Martha G. Scott (D-2)

To repeal a property tax exemption on leased residential water softeners, and office and home water coolers. This is one of a number of “tax expenditure repeal” proposals included in Gov. Jennifer Granholm’s Fiscal Year 2007-2008 budget recommendation, which is based on approximately $1 billion in tax increases. It would increase the taxes paid by citizens approximately $500,000.

Referred to the Committee on Finance