2011 House Bill 4952 / Public Act 172

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 accounting for deductions “carried forward” or back to a different tax year.

Referred to the Committee on Tax Policy

Sept. 14, 2011

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Sept. 21, 2011

Passed in the House 63 to 45 (details)

Received in the Senate

Sept. 22, 2011

Sept. 28, 2011

Passed in the Senate 26 to 12 (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 accounting for deductions “carried forward” or back to a different tax year.

Signed by Gov. Rick Snyder

Oct. 11, 2011