2008 Senate Bill 1217 / Public Act 177

Revise MBT gross receipts tax provisions

Introduced in the Senate

March 18, 2008

Introduced by Sen. Nancy Cassis (R-15)

To establish that “purchases from other firms” by construction contractors, which are excluded from the base used in calculating taxable gross receipts under the Michigan Business Tax, include direct material purchases made for a project.

Referred to the Committee on Finance

April 17, 2008

Substitute offered

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 substitute passed by voice vote

April 22, 2008

Passed in the Senate 38 to 0 (details)

Received in the House

April 22, 2008

Referred to the Committee on Tax Policy

May 14, 2008

Reported without amendment

With the recommendation that the substitute (H-2) be adopted and that the bill then pass.

June 27, 2008

Substitute offered

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 substitute passed by voice vote

Passed in the House 106 to 0 (details)

To establish that “purchases from other firms” by construction contractors, which are excluded from the base used in calculating taxable gross receipts under the Michigan Business Tax, include direct material purchases made for a project.

Received in the Senate

June 28, 2008

Passed in the Senate 36 to 0 (details)

To concur with the House-passed version of the bill.

Signed by Gov. Jennifer Granholm

July 9, 2008