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Tue January 10, 2012
Business taxes again on Michigan lawmakers' agenda
LANSING, MI –
Republicans who lead the Michigan Legislature are expected to consider more tax relief proposals for businesses and ways to save money in the state's school employee retirement system in 2012.
Lawmakers are scheduled to return Wednesday to start the final year of a two-year legislative cycle. No voting is expected Wednesday in the House and Senate.
Republicans plan to build on legislation passed last year to lower overall business taxes and reduce some of the state's long-term financial obligations. Many Republicans want to eliminate or phase out the state's personal property tax paid by businesses and utilities.
Lawmakers will be working with Republican Gov. Rick Snyder, who's scheduled to give his second annual State of the State address on Jan. 18 and detail a new budget plan in February.