October 4, 2017, Introduced by Reps. Runestad, Reilly, LaGrand, Rabhi, Robinson, Lucido, Hornberger, Frederick, Noble, Canfield, Howrylak, Dianda, Johnson, Glenn, Bellino, Barrett, Wentworth, Miller and Hernandez and referred to the Committee on Appropriations.
A bill to amend 1979 PA 72, entitled
"An act to require the governor to report certain tax information
with the annual budget message to the legislature,"
by amending section 3 (MCL 21.273), as amended by 2007 PA 170.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 3. (1) For fiscal years ending before January 1, 2008,
the
governor shall report the following compiled pursuant to the
single
business tax act, former 1975 PA 228:
, MCL 208.1 to
208.145:
(a) Amount of capital investment write off for real and
personal property separately by size of final liability of
taxpayer.
(b) Amount of business loss by size of final liability of
taxpayer.
(c) Amount of carryforward loss by size of final liability of
taxpayer.
(d) Number of taxpayers filing under the gross receipt
limitation
provided by section 31(2) of the single business tax
act,
former 1975 PA 228
, MCL 208.31, and amount of tax
foregone.forgone.
(e)
Number of taxpayers filing under section 31(4) of the
single
business tax act, former 1975 PA 228
, MCL 208.31, and
amount
of tax foregone.forgone.
(f) Number of taxpayers claiming the basic exemption under
section
35(1)(a) of the single business tax act, former 1975 PA 228
,
MCL 208.35, and amount of tax foregone.forgone.
(g) Number of taxpayers filing for the added exemption for
partnerships
as provided in section 35(1)(a) of the single business
tax
act, former 1975 PA 228
, MCL 208.35, and amount of tax
foregone.forgone.
(h)
Number of claimants and amount of tax foregone forgone
under
section 35(1)(e) of the single business tax act, former 1975
PA
228. , MCL 208.35.
(i)
Number of claimants and amount of tax foregone forgone
under
section 35(1)(f) of the single business tax act, former 1975
PA
228. , MCL 208.35.
(j)
Number of claimants and amount of tax foregone forgone
under
section 35(1)(h) of the single business tax act, former 1975
PA
228. , MCL 208.35.
(k) Number of claimants by size of final liability and amount
of
tax foregone forgone under section 36 of the single business tax
act,
former 1975 PA 228.
, MCL 208.36.
(l) Number of claimants by size of final liability and amount
of
tax foregone forgone under section 37 of the single business tax
act,
former 1975 PA 228.
, MCL 208.37.
(m) Number of claimants by size of final liability and amount
of
tax foregone forgone under section 38 of the single business tax
act,
former 1975 PA 228.
, MCL 208.38.
(n) Number of claimants by size of final liability and amount
of
tax foregone forgone under section 39(1) of the single business
tax
act, former 1975 PA 228.
, MCL 208.39.
(o) Other deductions or credits as provided by law.
(2) For fiscal years beginning on and after January 1, 2008,
the governor shall report the following compiled pursuant to the
Michigan business tax act, 2007 PA 36, MCL 208.1101 to 208.1601:
(a) Amount of capital investment write off for real and
personal property separately by size of final liability of
taxpayer.
(b) Amount of business loss by size of final liability of
taxpayer.
(c) Amount of carryforward loss by size of final liability of
taxpayer.
(d) Number of taxpayers claiming an exemption under section
207 of the Michigan business tax act, 2007 PA 36, MCL 208.1207, and
amount
of tax foregone.forgone.
(e) Number of claimants by size of final liability and amount
of
tax foregone forgone under section 417 of the Michigan business
tax act, 2007 PA 36, MCL 208.1417.
(f) Number of claimants by size of final liability and amount
of
tax foregone forgone under sections 403, 405, 421, 422, and 425
of the Michigan business tax act, 2007 PA 36, MCL 208.1403,
208.1405, 208.1421, 208.1422, and 208.1425.
(g) Number of claimants by size of final liability and amount
of
tax foregone forgone under section 413 of the Michigan business
tax act, 2007 PA 36, MCL 208.1413.
(h) In a separate format, the number of claimants by size of
final liability and amounts of tax forgone for each of the
certificated credits described in section 107 of the Michigan
business tax act, 2007 PA 36, MCL 208.1107.
(i) (h)
Other deductions or credits as
provided by law.