WebMichigan Legislature - House Bill 4288 (2024) Michigan Legislature Michigan Compiled Laws Complete Through PA 119 of 2024 House: Adjourned until Wednesday, July 20, … WebJul 22, 2024 · House Bill 4288 would have enabled job providers classified as “flow-through entities” to maximize their state and local tax deductions when they pay federal taxes – as larger C corporations are already allowed to do. The plan could have saved small businesses hundreds of millions of dollars without hurting state revenue at all.

HB 4288 of 2024

WebHouse Bill 4288 aimed to allow S corporations, partnerships, and LLCs — known as flow-through entities — to maximize the state and local tax (SALT) deduction on their federal tax returns. While larger C corporations file their business income taxes as entities, flow-through entities file at the individual owner level. WebMar 21, 2024 · Rep. Abraham Aiyash, D-Hamtramck, said the bill would simply pay workers a “living wage” and what they’re worth. The House voted 63-45 on House Bill 4166, which seeks to trash Michigan’s A-F grading system for public schools.. Bill sponsor Rep. Matt Koleszar, D-Plymouth, said the grading system is too focused on standardized testing and … in common bra

Legislative Research: MI HB4288 2024-2024 102nd Legislature

WebHB 4288 would require the state to spend nearly five million dollars to implement new IT systems to administer a tax break that would primarily benefit a small number of … WebSep 23, 2024 · A proposed bill in Michigan, House Bill 4288, sponsored by Rep. Michele Hoitenga, R-Manton, largely lines up with these principles. It does the following: Sets rules for the distribution of federal broadband money which is already appropriated (not new government spending). Prohibits government-owned networks from receiving this funding. http://capitol.legislature.mi.gov/documents/publications/PublicandLocalActs/2024/2024-mpla-4288-veto.pdf in common breath