SB-0362, As Passed House, June 17, 2003SB-0362,As Passed Senate, June 10, 2003
April 2, 2003, Introduced by Senators CASSIS, TOY, GOSCHKA, CROPSEY, PATTERSON, McMANUS, SWITALSKI and GARCIA and referred to the Committee on Finance.
A bill to amend 1979 PA 72, entitled
"An act to require the governor to report certain tax expenditure
items with the annual budget message to the legislature,"
by amending the title and sections 1, 2, and 3 (MCL 21.271,
21.272, and 21.273), section 2 as amended by 1996 PA 32 and
section 3 as amended by 1983 PA 7.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
1 TITLE
2 An act to require the governor to report certain tax
3 expenditure items information with the annual budget message to
4 the legislature.
5 Sec. 1. The governor, with the annual budget message to the
6 legislature, shall
report, at a minimum, the tax expenditure
7 items credits, deductions, and exemptions enumerated
in this
8 act. The message shall
include tax expenditures credits,
9 deductions, and exemptions by budget and also shall contain a
1 separate report on tax expenditures
credits, deductions, and
2 exemptions in total which
that may be printed as an appendix to
3 the budget. The department of treasury shall furnish these items
4 to the governor for inclusion in the report as required by this
5 act.
6 Sec. 2. The governor
shall report the following tax
7 expenditure items compiled pursuant to the income tax act of
8 1967, Act No. 281 of
the Public Acts of 1967, being sections
9 206.1 to 206.532 of
the Michigan Compiled Laws 1967
PA 281, MCL
10 206.1 to 206.532:
11 (a) Number and amount of personal exemptions by household or
12 adjusted gross income class.
13 (b) Number of special or extra exemptions by household or
14 adjusted gross income class.
15 (c) Number and amount of property tax credits by household
16 or adjusted gross income class and by type of claimant.
17 (d) Number and amount of city income tax credits by
18 household or adjusted gross income class.
19 (e) Number and amount of tax credits under section 260 of
20 Act No. 281 of the
Public Acts of 1967, being section 206.260 of
21 the Michigan Compiled
Laws the income tax act of 1967,
1967 PA
22 281, MCL 206.260, by the type and purpose of charitable
23 contribution, and the household or adjusted gross income class.
24 (f) Number and amount of solar, wind, or water energy
25 conversion device tax credits by the type of dwelling and the
26 household or adjusted gross income class.
27 (g) Number and amount of heating fuel cost tax credits by
1 household or adjusted gross income class.
2 (h) Number and amount of gleaning tax credits by household
3 or adjusted gross income class.
4 (i) Number of positive checkoffs and the amount checked off
5 for the state campaign fund created pursuant to section 61 of the
6 Michigan campaign finance act, Act No. 388 of the Public
Acts of
7 1976, being section
169.261 of the Michigan Compiled Laws 1976
8 PA 388, MCL 169.261.
9 (j) Amount and type of subtractions from taxable income as
10 provided on the state income tax form.
11 (k) To the extent available from published statistical data,
12 estimated cost of the following items not taxed by this state due
13 to federal statute or regulation:
14 (i) Capital gains.
15 (ii) Accelerated depreciation.
16 (iii) Other items generally regarded as income that are not
17 subject to state taxation because of exemption under the internal
18 revenue code.
19 (l) Number and amount of credits granted to persons covered
20 by development rights
agreements pursuant to part 361 (farmland
21 and open space
preservation) of the natural
resources and
22 environmental protection
act, Act No. 451 of the Public Acts of
23 1994, being sections
324.36101 to 324.36117 of the Michigan
24 Compiled Laws 1994 PA 451, MCL 324.36101 to 324.36117, by
income
25 class.
26 (m) Other deductions or credits as provided by law.
27 Sec. 3. The governor
shall report the following tax
1 expenditure items compiled pursuant to Act No. 228 of the
2 Public Acts of 1975,
as amended, being sections 208.1 to 208.145
3 of the Michigan
Compiled Laws the single business
tax act, 1975
4 PA 228, MCL 208.1 to 208.145:
5 (a) Amount of capital investment write off for real and
6 personal property separately by size of final liability of
7 taxpayer.
8 (b) Amount of business loss by size of final liability of
9 taxpayer.
10 (c) Amount of carryforward loss by size of final liability
11 of taxpayer.
12 (d) Number of taxpayers filing under the gross receipt
13 limitation provided by
section 31(2) of Act No. 228 of the
14 Public Acts of 1975,
as amended, being section 208.31 of the
15 Michigan Compiled Laws
the single business tax act, 1975
PA 228,
16 MCL 208.31, and amount of tax foregone.
17 (e) Number of
taxpayers filing under section 31(3) of Act
18 No. 228 of the Public
Acts of 1975, as amended, and amount of tax
19 foregone.
20 (e) (f) Number
of taxpayers filing under section 31(5)
21 31(4) of Act No. 228
of the Public Acts of 1975, as amended the
22 single business tax act, 1975 PA 228, MCL 208.31, and amount of
23 tax foregone.
24 (g) Number of
taxpayers filing under section 31(6) of Act
25 No. 228 of the Public
Acts of 1975, as amended, and amount of tax
26 foregone.
27 (h) Number of
taxpayers filing under section 31(7) of Act
1 No. 228 of the Public
Acts of 1975, as amended, and amount of tax
2 foregone.
3 (f) (i) Number
of taxpayers claiming the basic exemption
4 under section 35(1)(a) of
Act No. 228 of the Public Acts of
5 1975, as amended,
being section 208.35 of the Michigan Compiled
6 Laws the single business tax act, 1975 PA 228, MCL
208.35, and
7 amount of tax foregone.
8 (g) (j) Number
of taxpayers filing for the added exemption
9 for partnerships as
provided in section 35(1)(a) of Act No. 228
10 of the Public Acts of
1975, as amended the single
business tax
11 act, 1975 PA 228, MCL 208.35, and amount of tax foregone.
12 (h) (k) Number
of claimants and amount of tax foregone
13 under section 35(1)(e) of
Act No. 228 of the Public Acts of
14 1975, as amended the single business tax act, 1975 PA 228, MCL
15 208.35.
16 (i) (l) Number of
claimants and amount of tax foregone
17 under section 35(1)(f) of
Act No. 228 of the Public Acts of
18 1975, as amended the single business tax act, 1975 PA 228, MCL
19 208.35.
20 (j) (m) Number
of claimants and amount of tax foregone
21 under section 35(1)(h) of
Act No. 228 of the Public Acts of
22 1975, as amended the single business tax act, 1975 PA 228, MCL
23 208.35.
24 (k) (n) Number
of claimants by size of final liability and
25 amount of tax foregone
under section 36 of Act No. 228 of the
26 Public Acts of 1975,
being section 208.36 of the Michigan
27 Compiled Laws the single business tax act, 1975 PA 228, MCL
1 208.36.
2 (l) (o) Number
of claimants by size of final liability and
3 amount of tax foregone
under section 37 of Act No. 228 of the
4 Public Acts of 1975,
as amended, being section 208.37 of the
5 Michigan Compiled Laws
the single business tax act, 1975
PA 228,
6 MCL 208.37.
7 (m) (p) Number
of claimants by size of final liability and
8 amount of tax foregone
under section 38 of Act No. 228 of the
9 Public Acts of 1975,
being section 208.38 of the Michigan
10 Compiled Laws the single business tax act, 1975 PA 228, MCL
11 208.38.
12 (n) (q) Number
of claimants by size of final liability and
13 amount of tax foregone
under section 39(1) of Act No. 228 of the
14 Public Acts of 1975,
as amended, being section 208.39 of the
15 Michigan Compiled Laws
the single business tax act, 1975
PA 228,
16 MCL 208.39.
17 (r) Number of
claimants by size of final liability and
18 amount of tax foregone
under section 39(2) of Act No. 228 of the
19 Public Acts of 1975,
as amended.
20 (s) Number of
claimants by size of final liability and
21 amount of tax foregone
under section 39a of Act No. 228 of the
22 Public Acts of 1975,
being section 208.39a of the Michigan
23 Compiled Laws.
24 (t) Number of
claimants by size of final liability and
25 amount of tax foregone
under section 38a of Act No. 228 of the
26 Public Acts of 1975,
being section 208.38a of the Michigan
27 Compiled Laws.
1 (u) Number of
claimants by size of final liability and
2 amount of tax foregone
under section 57(3) of Act No. 228 of the
3 Public Acts of 1975,
as amended, being section 208.57 of the
4 Michigan Compiled Laws.
5 (o) (v) Other
deductions or credits as provided by law.