Mich. Senate Passes Personal Property Tax Cuts - WLNS TV 6 Lansing - Jackson | Your Local News Leader

Mich. Senate Passes Personal Property Tax Cuts

Posted:

The Michigan Senate has passed a package of bills that would roll back the personal property taxes businesses pay by hundreds of millions of dollars.

They were changed Thursday so local governments, school districts and libraries would be assured most of the money will be replaced. Republican supporters say the bills would remove a tax on computers and machines that is making Michigan businesses less competitive.

Local jurisdictions would receive reimbursements from the state as tax credits expire. Democratic opponents say many would still see a cut, despite changes made to the package.

They say that could hurt Michigan's ability to attract businesses if it can't provide a good education and decent services for citizens. The bills passed largely along party lines and now head to the House.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WLNS. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.

Click Here to link to the FCC's public inspection file for WLNS-TV and Here to view the WLAJ-TV file. Persons with Disabilities who need assistance with issues relating to the content of this station's FCC public inspection file should contact: Teresa Morton- Program Director for WLNS and WLAJ at 517-372-8282. Questions or concerns relating to the accessibility of the FCC's public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or fccinfo@fcc.gov.