2011 House Bill 4950 / Public Act 313

Corporate Income Tax “cleanup” package

Introduced in the House

Sept. 13, 2011

Introduced by Rep. Lisa Posthumus Lyons (R-86)

To make a number of clarifications, corrections or technical adjustments to provisions of the state income tax related to the taxation of businesses. The package consists of House Bills 4937 to 4968. This bill clarifies application of a small business tax credit, and details of real estate broker payments to independent contractors.

Referred to the Committee on Tax Policy

Sept. 14, 2011

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Oct. 19, 2011

Motion by Rep. Jim Stamas (R-98)

That the bill be re-referred to the Committee on Tax Policy.

The motion passed by voice vote

Referred to the Committee on Tax Policy

Dec. 7, 2011

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass.

Substitute offered

The substitute passed by voice vote

Dec. 8, 2011

Passed in the House 66 to 42 (details)

Received in the Senate

Dec. 13, 2011

Referred to the Committee on Finance

Dec. 15, 2011

Reported without amendment

With the recommendation that the bill pass.

Passed in the Senate 38 to 0 (details)

To make a number of clarifications, corrections or technical adjustments to provisions of the state income tax related to the taxation of businesses. The package consists of House Bills 4937 to 4968. This bill clarifies application of a small business tax credit, and details of real estate broker payments to independent contractors.

Signed by Gov. Rick Snyder

Dec. 27, 2011