2007 House Bill 5104 ↩

Senate Roll Call 370: Passed

To revise the profits tax component of the new <a href="http://www.michiganvotes.org/2007-SB-94">”Michigan Business Tax”</a> to correct a provision that reportedly could create the unintended consequence of imposing much higher taxes on businesses due to a new accounting standard related to “deferred assets” (“FAS 109”)..