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February 3, 2011
Senate Finance Committee to Take Testimony on SB34 to Eliminate Personal Property Tax
There is no replacement revenue in the bill. The bill sponsor, Senator Mike Nofs, has indicated that he wants to find a replacement for the revenue being lost by local governments and has expressed a willingness to work with the League.
The Finance Committee Chair, Senator Jack Brandenburg, however, has indicated that he is supportive of having no business taxes at all in Michigan in this Macomb Daily article from Feb. 2. Unless there is replacement revenue in the bill or tie-barred to the bill, we are adamantly opposed to SB 34 moving from committee or out of the Senate.
Please let them know what the impact would be on your budget and what you have already done to manage reductions in revenue sharing and property tax declines.
If you need contact information for your local legislators go here.
Senate Finance Committee:
Chair Brandenburg 517-373-7670 - SenJBrandenburg@senate.michigan.gov
If you have questions about this, please feel free to contact the League's Andy Schor at (517) 908-0300 or email@example.com.