2011 Senate Bill 672 / Public Act 190

Corporate Income Tax “cleanup” package

Introduced in the Senate

Sept. 15, 2011

Introduced by Sen. David Robertson (R-26)

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 clarifies details of business who pay based on a fiscal year vs. calendar year basis.

Referred to the Committee on Finance

Sept. 22, 2011

Reported without amendment

With the recommendation that the bill pass.

Sept. 28, 2011

Passed in the Senate 26 to 12 (details)

Received in the House

Sept. 28, 2011

Referred to the Committee on Tax Policy

Oct. 5, 2011

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Oct. 6, 2011

Passed in the House 63 to 45 (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 clarifies details of business who pay based on a fiscal year vs. calendar year basis.

Signed by Gov. Rick Snyder

Oct. 17, 2011