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MI HB5831

Bill

Status

Introduced

9/18/2014

Primary Sponsor

Rashida Tlaib

Click for details

Origin

House of Representatives

97th Legislature

AI Summary

  • Authorizes state treasurer to disclose addresses of housing units in tax-exempt housing projects and millage rates of property taxes, subject to existing confidentiality restrictions.

  • Allows disclosure of adjusted gross receipts and wagering tax paid by casino licensees under the Michigan gaming control and revenue act to specified officials and the gaming control board executive director.

  • Requires annual departmental reports on Michigan business tax statistics broken down by business sector and firm size, with reports provided to legislative committees and fiscal agencies.

  • Permits disclosure of applications, agreements, certificates, and total credit amounts related to three business tax credit programs under the Michigan business tax act, notwithstanding prior confidentiality restrictions.

  • Maintains criminal penalties of up to $5,000 fine and 5 years imprisonment for unauthorized disclosure of confidential tax information by state employees.

Legislative Description

Taxation; administration; disclosure of certain tax-exempt property; provide for. Amends sec. 28 of 1941 PA 122 (MCL 205.28).

State agencies (existing), treasury

Last Action

Referred To Committee On Finance

12/11/2014

Committee Referrals

Finance12/11/2014
Tax Policy9/18/2014

Full Bill Text

No bill text available