by Liz Gullett | Nov 22, 2024 | Liz Gullett
Revenue from major taxes and net lottery revenue totaled $4.1 billion in October, a 3.5% increase from the prior year. The collections were $7.1 million higher than prior projections. Key Points: General Fund tax collections were $16.7 million less than projected,...
by Liz Gullett | Nov 15, 2024 | Liz Gullett
Legislation providing a one-time credit for live organ donors was signed into law by Governor Gretchen Whitmer this week. Key Points: House Bill 4361 was introduced by Representative Felicia Brabec (D-Pittsfield Twp.). It provides a one-time tax credit of up to...
by Liz Gullett | Oct 11, 2024 | Liz Gullett
Last month, major taxes and net lottery revenue came in at $3.7 billion, an increase of 1.7% from September 2023. Additionally, total collections were $106.1 million more than prior estimates, according to the monthly report by the Senate Fiscal Agency. Key Points:...
by Liz Gullett | Sep 10, 2024 | Liz Gullett
Below are some articles the MLC lobby team has been reading this past week. We hope you find them as interesting and useful as we do. Sobering New Polls for Harris – Recent polling data came as a surprise to those behind the poll. What information can we learn about...
by Liz Gullett | Aug 16, 2024 | Liz Gullett
Total cash collections from major taxes, penalties and interest, and lottery transfers increased last month from the prior year, totaling $2,962.6 million. However, year-to-date, collections for the current year are down 2.4% from the prior fiscal year, according to...
