by Liz Gullett | Mar 7, 2025 | Liz Gullett
Testimony was given in the House Finance Committee this week on legislation requiring that a detailed report be mailed annually to every taxpayer, outlining the state’s revenues and distribution. Key Points: House Bill 4019 was introduced by Representative Matt...
by Liz Gullett | Mar 7, 2025 | Liz Gullett
Legislation was introduced immediately reducing the state income tax rate to 4.05%, as of January 1, 2025. According to the bill sponsor, this will help address the rising costs that families are facing, including groceries, housing, and childcare. Key Points: House...
by Liz Gullett | Feb 24, 2025 | Liz Gullett
Over the past week, we covered these topics on the MLC Blog… Changes to Michigan’s minimum wage and Earned Sick Time Act were passed by the legislature and signed by Governor Whitmer. The Michigan Democratic Party and Michigan Republican Party were holding state...
by Liz Gullett | Feb 21, 2025 | Liz Gullett
Legislation exempting tips earned by hospitality workers from income taxes was introduced this week. Key Points: Senate Bill 91 was introduced by Senator John Damoose (R-Harbor Springs). The proposal largely mirrors federal proposals and would provide a 100% exemption...
by Liz Gullett | Jan 10, 2025 | Liz Gullett
Today, the directors of the House and Senate Fiscal Agencies, State Treasurer Rachael Eubanks, and State Budget Director Jen Flood came together to reach a consensus on projected state revenue for the upcoming fiscal year. At the biannual Consensus Revenue Estimating...