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MI SB0324
Bill
AI Summary
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Requires the Michigan lottery bureau to withhold city income taxes from lottery prizes when the winner resides in a city with an adopted city income tax ordinance under the City Income Tax Act (1964 PA 284)
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The withholding amount shall be calculated by applying the city's income tax rate to the prize at the time it was won
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Mandates the lottery bureau immediately transfer all withheld city income tax amounts to the respective city
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Applies only when federal or state income taxes are already required to be withheld from the prize
Legislative Description
Gaming; lottery; city income taxes; require to be withheld from prizes. Amends 1972 PA 239 (MCL 432.1 - 432.47) by adding sec. 32b.
Gaming: lottery
Last Action
Referred To Committee On Regulatory Reform
5/16/2019
Committee Referrals
Regulatory Reform5/16/2019
Full Bill Text
No bill text available