2023-2024 Regular SessionMichigan Legislature

SB1050

Legislative Summary

Corporate income tax: flow-through entities; treatment of certain limited liability companies as a corporation; provide for. Amends secs. 12, 607, 699, 701, 805 & 845 of 1967 PA 281 (MCL 206.12 et seq.) & adds sec. 339. TIE BAR WITH: SB 0982'24, SB 0983'24, SB 0984'24

Bill History

10/23/2024
Introduced By Senator Sarah Anthony
Senate
10/23/2024
Referred To Committee On Regulatory Affairs
Senate
10/24/2024
Reported Favorably Without Amendment
Senate
10/24/2024
Referred To Committee Of The Whole
Senate
10/30/2024
Reported By Committee Of The Whole Favorably Without Amendment(s)
Senate
10/30/2024
Placed On Order Of Third Reading
Senate
10/30/2024
Rules Suspended
Senate
10/30/2024
Placed On Immediate Passage
Senate
10/30/2024
Passed Roll Call # 402 Yeas 37 Nays 0 Excused 1 Not Voting 0
Senate
11/7/2024
Received On 11/07/2024
House of Representatives
11/7/2024
Read A First Time
House of Representatives
11/7/2024
Referred To Committee On Regulatory Reform
House of Representatives
11/12/2024
Per Rule 41 Referred To Committee On Government Operations
House of Representatives
11/13/2024
Reported With Recommendation Without Amendment
House of Representatives
11/13/2024
Referred To Second Reading
House of Representatives
12/4/2024
Read A Second Time
House of Representatives
12/4/2024
Placed On Third Reading
House of Representatives
12/4/2024
Placed On Immediate Passage
House of Representatives
12/4/2024
Read A Third Time
House of Representatives
12/4/2024
Passed; Given Immediate Effect Roll Call # 373 Yeas 103 Nays 2 Excused 0 Not Voting 5
House of Representatives
12/4/2024
Inserted Full Title
House of Representatives
12/4/2024
Returned To Senate
House of Representatives
12/10/2024
Given Immediate Effect
Senate
12/10/2024
Full Title Agreed To
Senate
12/10/2024
Ordered Enrolled
Senate
12/18/2024
Presented To Governor 12/13/2024 11:50 Am
Senate
12/30/2024
Approved By Governor 12/23/2024 10:08 Am
Senate
12/30/2024
Filed With Secretary Of State 12/23/2024 11:16 Am
Senate
12/30/2024
Assigned Pa 0177'24 With Immediate Effect
Senate

Roll Call Votes

House Third Reading: Given Immediate Effect Roll Call # 373
12/4/2024
103
Yea
2
Nay
0
Not Voting
0
Absent
Result: PASSED
Reported With Recommendation Without Amendment
11/13/2024
5
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate Third Reading: Passed Roll Call # 402
10/30/2024
37
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED
Reported Favorably Without Amendment
10/24/2024
10
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Passed(12/30/2024)
Chamber
Senate

Sponsors

Democrat: 1

Primary Sponsor

Sarah Anthony
Sarah Anthony
Democrat

Documents

Chaptered
Bill Text12/26/202434.4 KB
Enrolled
Bill Text12/13/202434.0 KB
Engrossed
Bill Text12/5/202427.3 KB
Engrossed
Bill Text10/30/202427.3 KB
Introduced
Bill Text10/23/202427.3 KB
Fiscal Note/Analysis
Fiscal Note/Analysis12/20/2024116.1 KB
Fiscal Note/Analysis
Fiscal Note/Analysis11/13/2024203.9 KB
Fiscal Note/Analysis
Fiscal Note/Analysis11/13/2024205.0 KB
Fiscal Note/Analysis
Fiscal Note/Analysis10/29/2024103.4 KB
Fiscal Note/Analysis
Fiscal Note/Analysis10/23/2024115.4 KB