Main Content Senate Bill 0392 (2021) rss? friendly link printer friendly Friendly Link: http://legislature.mi.gov/doc.aspx?2021-SB-0392 Sponsor Jon Bumstead (district 34) (click name to see bills sponsored by that person) Categories Corporate income tax: rate; Corporate income tax: rate; rollback of rate to 4.9%; provide for. Amends sec. 623 of 1967 PA 281 (MCL 206.623). Bill Documents Bill Document Formatting Information [x] The following bill formatting applies to the 2021-2022 session:- New language in an amendatory bill will be shown in bold- Language to be removed will be stricken.- Amendments made by the House will be blue, such as: House amended text.- Amendments made by the Senate will be red, such as: Senate amended text. (gray icons indicate that the action did not occur or that the document is not available) Documents Senate Introduced Bill Introduced bills appear as they were introduced and reflect no subsequent amendments or changes. As Passed by the Senate As Passed by the Senate is the bill, as introduced, that includes any adopted Senate amendments. As Passed by the House As Passed by the House is the bill, as received from the Senate, that includes any adopted House amendments. Senate Enrolled Bill Enrolled bill is the version passed in identical form by both houses of the Legislature. Bill Analysis Senate Fiscal Analysis SUMMARY OF INTRODUCED BILL IN COMMITTEE (Date Completed: 5-26-21)This document analyzes: SB0392 SUMMARY OF BILL REPORTED FROM COMMITTEE (Date Completed: 6-7-21)This document analyzes: SB0392 SUMMARY AS PASSED BY THE SENATE (Date Completed: 3-3-22)This document analyzes: SB0392 History (House actions in lowercase, Senate actions in UPPERCASE) NOTE: a page number of 1 indicates that the page number is soon to come. Date JournalAction 4/27/2021SJ 35 Pg. 545INTRODUCED BY SENATOR JON C. BUMSTEAD 4/27/2021SJ 35 Pg. 545REFERRED TO COMMITTEE ON FINANCE 6/3/2021SJ 51 Pg. 898REPORTED FAVORABLY WITHOUT AMENDMENT 6/3/2021SJ 51 Pg. 898COMMITTEE RECOMMENDED IMMEDIATE EFFECT 6/3/2021SJ 51 Pg. 898REFERRED TO COMMITTEE OF THE WHOLE 3/3/2022SJ 22 Pg. 257REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITH SUBSTITUTE (S-2) 3/3/2022SJ 22 Pg. 257SUBSTITUTE (S-2) CONCURRED IN 3/3/2022SJ 22 Pg. 257PLACED ON ORDER OF THIRD READING WITH SUBSTITUTE (S-2) 3/3/2022SJ 17 Pg. 258RULES SUSPENDED 3/3/2022SJ 17 Pg. 258PLACED ON IMMEDIATE PASSAGE 3/3/2022SJ 18 Pg. 259AMENDMENT(S) DEFEATED 3/3/2022SJ 22 Pg. 259PASSED ROLL CALL # 58 YEAS 22 NAYS 15 EXCUSED 1 NOT VOTING 0 3/3/2022HJ 22 Pg. 296received on 03/03/2022 3/3/2022HJ 21 Pg. 294read a first time 3/3/2022HJ 22 Pg. 296referred to Committee on Tax Policy