2023 House Bill 4829 / Public Act 120

Michigan business tax: credits; time frame for completion of certain multiphase projects; modify.

An act to amend 2007 PA 36, entitled “An act to meet deficiencies in state funds by providing for the imposition, levy, computation, collection, assessment, reporting, payment, and enforcement of taxes on certain commercial, business, and financial activities; to prescribe the powers and duties of public officers and state departments; to provide for the inspection of certain taxpayer records; to provide for interest and penalties; to provide exemptions, credits, and refunds; to provide for the disposition of funds; to provide for the interrelation of this act with other acts; and to make appropriations,” by amending section 437 (MCL 208.1437), as amended by 2021 PA 93; and to repeal acts and parts of acts.

Introduced in the House

June 15, 2023

Introduced by Rep. Abraham Aiyash (D-9)

Referred to the Committee on Tax Policy

June 21, 2023

Reported without amendment

Sept. 6, 2023

Substitute H-4 offered by Rep. Abraham Aiyash (D-9)

The substitute passed by voice vote

Passed in the House 74 to 33 (details)

Motion to give immediate effect by Rep. Abraham Aiyash (D-9)

The motion prevailed by voice vote

Received in the Senate

Sept. 7, 2023

Referred to the Committee of the Whole

Sept. 12, 2023

Reported without amendment

Passed in the Senate 29 to 9 (details)

Motion to give immediate effect by Sen. Sam Singh (D-28)

The motion prevailed by voice vote

Signed by Gov. Gretchen Whitmer

Sept. 13, 2023