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. Official Text and Analysis.
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.