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#Michigan Senate

Detroit News

Michigan Senate committee approves sweeping $2.3 billion tax cut

Lansing — A Michigan Senate committee advanced Wednesday a $2.3 billion tax cut proposal with majority Republicans contending the state's financial surpluses should be used to provide "across the board" relief. The Senate Finance Committee voted 5-2, along party lines, in favor of the bill that would cut the...
MICHIGAN STATE
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AAA applauds Michigan House for passage of new distracted driving legislation

DEARBORN, MI (WKZO AM/FM) – AAA is applauding House lawmakers in Michigan for passing three bills that would modernize distracted driving laws. Officials say the package of bills (HBs 4277, 4278 and 4279), which now head to the Michigan Senate, would address a variety of issues, including banning the use of handheld devices to include social media, video streaming and other cell phone technologies.
MICHIGAN STATE
Picture for AAA applauds Michigan House for passage of new distracted driving legislation
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Detroit News

Michigan Gov. Whitmer pushes 'kitchen table issues' in State of State speech

Michigan Gov. Gretchen Whitmer announced Wednesday that she planned to propose a big increase in state education funding and strongly discouraged remote learning for K-12 students during her fourth State of the State address. The 26-minute address from the Detroit Diesel manufacturing facility in Redford Township focused largely on job...
DETROIT, MI

Here’s what’s in the dueling tax cut plans from Whitmer and Republicans

A Michigan Senate committee is expected to vote on one tax cut proposal Wednesday afternoon, just hours before Gov. Gretchen Whitmer calls for separate tax cuts in her State of the State address this evening. That comes after state fiscal experts earlier this month reported “astounding” revenue growth as Michigan recovers economically from the COVID-19 […] The post Here’s what’s in the dueling tax cut plans from Whitmer and Republicans appeared first on Michigan Advance.
MICHIGAN STATE
Detroit News

Michigan Senate leader prioritizes tax cut proposal, in-person classes in 2022

Lansing — Michigan Senate Majority Leader Mike Shirkey vowed Wednesday to push for in-person classes for students and for tax reductions in 2022. "We will return to Michigan families what we don’t need, proposing significant and broad-based tax reductions, trusting that moms and dads can spend their money more wisely than government," said Shirkey, R-Clarklake.
MICHIGAN STATE
ClickOnDetroit.com

Michigan legislators consider tax cuts on personal income, corporations

DETROIT – In 2007, Governor Jennifer Granholm signed a tax increase from 3.9% to 4.35%, which was supposed to be temporary until 2015. In 2012 Governor Rick Snyder signed a slight decrease from 4.35% to 4.25%. Michigan State Senator Aric Nesbitt is leading the charge back to the original rate.
DETROIT, MI
abc12.com

Michigan Senate committee passes part of Republican tax cut plan

LANSING, Mich. (WJRT) - Another part of a three-pronged Republican tax cut plan passed a Michigan Senate committee on Wednesday. The Senate Finance Committee approved Senate Bill 768 to decrease the state's income tax rates for individuals and businesses to 3.9%. The personal rate currently stands at 4.25% while the corporate rate is 6%.
MICHIGAN STATE

$2B tax cut proposal advances from Michigan Senate panel

LANSING, MI — The Michigan Senate Finance Committee approved a $2.3 billion tax cut Republican supporters of the proposal said will benefit individuals and corporations. The bill, SB 768, would lower the state’s personal and corporate income tax rates to 3.9% from 4.25% and 6%, respectively, and provide families with a $500 per child tax credit.
MICHIGAN STATE
Fox17

State and local leaders react to State of the State address

MICHIGAN — Gov. Gretchen Whitmer held her fourth State of the State address on Wednesday, reflecting on her administration's achievements over the past year and highlighting what she hopes to get done in 2022. State and local leaders issued statements following the address's conclusion. Sen. Winnie Brinks (D–Grand Rapids)...
MICHIGAN STATE
thecentersquare.com

Michigan senate committee advances measure to cut business, personal income taxes

(The Center Square) – The Michigan Senate Fiscal Agency advanced Senate Bill 768 out of committee by a 5-2 vote Wednesday afternoon. The bill aims to provide Michigan residents and taxpayers the first state income tax reduction since 2012, when it was lowered by one-tenth of a percent. The bill proposes to return the income tax to 3.9%, which it was 14 years ago before it was raised by then-Gov. Jennifer Granholm.
MICHIGAN STATE
Detroit News

Michigan Senate panel preparing $2 billion tax cut proposal

Lansing — A Michigan Senate committee is expected to advance a proposal that would bring about $2 billion in tax cuts on Wednesday, just hours before Gov. Gretchen Whitmer's annual State of the State address. The GOP-led Michigan Senate Finance Committee has scheduled its meeting for 12:30 p.m. The...
MICHIGAN STATE
whtc.com

Senate Finance Committee approves tax relief measure sponsored by Nesbitt

LANSING, MI (WKZO AM/FM) – Just ahead of the Governor’s State of the State address, the Michigan Senate Finance Committee Wednesday approved legislation to reduce state income tax rates and encourage economic growth across Michigan, renewing Republican tax relief efforts in light of surplus revenue. Senator Aric Nesbitt...
MICHIGAN STATE
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