MI HB5202 | 2019-2020 | 100th Legislature

Status

Spectrum: Partisan Bill (Democrat 17-0)
Status: Introduced on November 6 2019 - 25% progression, died in committee
Action: 2019-11-07 - Bill Electronically Reproduced 11/07/2019
Pending: House Tax Policy Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Individual income tax; deductions; deduction for sale of businesses to employees or conversion to an employee-owned business; create. Amends secs. 30 & 623 of 1967 PA 281 (MCL 206.30 & 206.623).

Tracking Information

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Title

Individual income tax; deductions; deduction for sale of businesses to employees or conversion to an employee-owned business; create. Amends secs. 30 & 623 of 1967 PA 281 (MCL 206.30 & 206.623).

Sponsors


History

DateChamberAction
2019-11-07HouseBill Electronically Reproduced 11/07/2019
2019-11-06HouseReferred To Committee On Tax Policy
2019-11-06HouseRead A First Time
2019-11-06HouseIntroduced By Representative Joseph Tate

Subjects


Michigan State Sources


Bill Comments 750

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