2006 Senate Bill 1393 / Public Act 512

Revise "family development account" details

Introduced in the Senate

Aug. 30, 2006

Introduced by Sen. Bill Hardiman (R-29)

To make technical revisions related to Single Business Tax credits that can be claimed for a contribution to an “individual or family development account” program that would be authorized by <a href="http://www.michiganvotes.org/2005-SB-640">Senate Bill 640</a>.

Referred to the Committee on Banking and Financial Institutions

Sept. 12, 2006

Reported without amendment

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

Nov. 28, 2006

Substitute offered

To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.

The substitute passed by voice vote

Nov. 29, 2006

Passed in the Senate 38 to 0 (details)

Received in the House

Nov. 29, 2006

Referred to the Committee on Banking and Financial Services

Dec. 13, 2006

Passed in the House 108 to 0 (details)

To make technical revisions related to Single Business Tax credits that can be claimed for a contribution to an “individual or family development account” program that would be authorized by <a href="http://www.michiganvotes.org/2005-SB-640">Senate Bill 640</a>.

Signed by Gov. Jennifer Granholm

Dec. 28, 2006