Checkmark
Legislation watch
Senate Roll Call 98 on
2021 Senate Bill 145: Give tax breaks to some home buyers

To grant $5,000 state income tax exemptions, and $10,000 on joint returns, if the money is deposited in a specialty savings account the bill would authorize for individuals who have not bought or owned a Michigan home in the past three years (labeled as "first time home buyers"). The exemptions could be claimed for up to five years, meaning $50,000 could be exempted from state income tax liability over time by certain individuals. Legislative fiscal agency analysts estimate the bill will provide up to $19.8 million in benefits for these individuals, with an equivalent amount of revenue foregone by the state. A version of this proposal was vetoed by Republican Gov. Rick Snyder in 2018. See also House Bill 4290.

View the rest of Senate Bill 145: History, Amendments & Comments 

facebook  twitter  View comments  Print-friendly version

Vote
In Favor In Favor
Against Against
Not Voting Not Voting
 Undecided
Democrat
683268%
188218%
128812%
16 total votes
Republican
100100%
1000%
1000%
20 total votes

What do you think? In Favor Against Undecided (sign in required)

Add to your scorecard as In Favor or Against (select a scorecard)


IN FAVOR

SENATE DEMOCRATS

SENATE REPUBLICANS


AGAINST

SENATE DEMOCRATS

SENATE REPUBLICANS
none


SENATE LEGISLATORS WHO DID NOT VOTE

SENATE LEGISLATORS ORDERED BY NAME


Senate Roll Call 98 on 2021 Senate Bill 145

Comments