HB 4186 - Increases the Business Tax Rate - Michigan Key Vote

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Title: Increases the Business Tax Rate

Vote Smart's Synopsis:

Vote to pass a bill that increases the business tax rate in Michigan.

Highlights:

  • Increases the business tax rate in Michigan (Sec. ).

  • Establishes and creates a separate tax structure for those who choose to file under the Michigan Business Tax system (Sec. ).

  • Specifies that the provisions of this bill shall take effect immediately upon passage and approval by the Governor and subsequent enactment of the following legislation (Sec. ):

    • H.B. 4180;

    • H.B. 4181;

    • H.B. 4182;

    • H.B. 4183;

    • H.B. 4184;

    • H.B. 4185;

    • H.B. 4186;

    • H.B. 4187; and

    • H.B. 4230.

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