2011 Senate Bill 653 / Public Act 306

Corporate Income Tax “cleanup” package

Introduced in the Senate

Sept. 15, 2011

Introduced by Sen. Jack Brandenburg (R-11)

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 Senate Bills 650 to 681. This bill defines a "foreign operating entity" as a corporation for state tax purposes.

Referred to the Committee on Finance

Sept. 22, 2011

Reported without amendment

With the recommendation that the bill pass.

Oct. 20, 2011

Referred to the Committee on Finance

Nov. 29, 2011

Reported without amendment

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

Substitute offered

The substitute passed by voice vote

Nov. 30, 2011

Passed in the Senate 38 to 0 (details)

Received in the House

Nov. 30, 2011

Referred to the Committee on Tax Policy

Dec. 7, 2011

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Dec. 14, 2011

Passed in the House 66 to 40 (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 Senate Bills 650 to 681. This bill defines a "foreign operating entity" as a corporation for state tax purposes.

Signed by Gov. Rick Snyder

Dec. 27, 2011