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2021 House Bill 4288: Revise business tax levies on S-type corporations
Introduced by Rep. Mark Tisdel (R) on February 23, 2021
To authorize an alternative method that businesses defined as “flow through entities” can use to calculate their Michigan income tax liability, so as to mitigate the loss of certain federal credits and deductions changed by the 2017 federal tax cut and reform law.   Official Text and Analysis.
Referred to the House Tax Policy Committee on February 23, 2021
Reported in the House on April 28, 2021
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.

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