2007 House Bill 4369 ↩

House Roll Call 133: Passed

To exempt business tools and equipment (the “personal property tax”) from the 6-mill state education property tax and the 18-mill school operating property tax, as part of the "Michigan Business Tax" proposal described in <a href="http://www.michiganvotes.org/2007-HB-4367">House Bill 4367</a>. Reductions in state and local school tax revenues would be reimbursed by the proportionately higher business tax rates that bill would impose.