HOUSE BILL No. 6170


     November 29, 2000, Introduced by Rep. Allen and referred to the Committee on Tax Policy.


        A bill to amend 1975 PA 228, entitled

   "Single business tax act,"

   (MCL 208.1 to 208.145) by adding section 31c.

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

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           SEC. 31C.  (1) ON EACH OF THE FIFTH AND SIXTH JANUARY 1'S

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      FOLLOWING DECEMBER 31, 2000 FOR WHICH THE CONDITIONS UNDER SEC-

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      TION 31(5) ARE MET, THE RATE IMPOSED UNDER SECTION 31 AND

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      ADJUSTED UNDER THIS ACT SHALL BE REDUCED BY 0.2 PERCENTAGE

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      POINTS.

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           (2) THE DEPARTMENT SHALL ANNUALIZE THE RATE UNDER THIS SEC-

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      TION AS NECESSARY, AND THE APPLICABLE ANNUALIZED RATE SHALL BE

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      IMPOSED.

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           Enacting section 1.  This amendatory act does not take

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      effect unless all of the following bills of the 90th Legislature

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      are enacted into law:


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           (a) House Bill No. 4590.

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           (b) House Bill No. 4593.

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           (c) Senate Bill No. ___ or House Bill No. 6171 (request

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      no. 03590'99 *).

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           (d) Senate Bill No. ___ or House Bill No. 6172 (request

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      no. 05630'99 *).












































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