MI SB0192

Amends the Michigan Business Tax Act (2007 PA 36) to add definitions and clarifications to section 113 regarding what constitutes "purchases from other firms"

Defines "professional employer organization" as an entity that assumes substantial employer rights and responsibilities including payroll management, tax reporting, and hiring/firing authority

Expands the definition of "purchases from other firms" to include film rental or royalty payments paid by theater owners to film distributors or producers (effective 2008 tax year forward)

Includes payments by joint ventures to member construction management, architectural, and engineering service providers as deductible purchases when billed under a construction project-specific contract

Takes immediate effect upon approval