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Category Archives: City Income Tax

April 14, 2020

Treasury Department Seeking Input on Local Govt Cash-Flow Needs

Late yesterday, the Michigan Department of Treasury circulated the following email to local units of government requesting feedback on potential cash flow concerns local governments may be anticipating based upon current state and local economic conditions. The Michigan Finance Authority…
March 2, 2018

Talent, Taxes, and Roads, Oh My!

Governor Snyder recently unveiled his “Marshall Plan” for talent. It’s designed to combat the more than 811,000 career openings that will need to be filled through 2024 in fields that are facing a talent shortage. The plan calls for a…
January 18, 2018

Legislative Highlights To Kick Off The New Year

OPEB - Since the passage of the OPEB package, Treasury has been working with our staff to develop the reporting requirements necessary to begin implementing the new law. That reporting guidance was recently published, with an initial deadline for municipalities to…
December 18, 2017

Congress Prepares for Final Vote on Tax Plan

The joint House-Senate conference committee announced their final reconciliation of the federal tax reform proposal on Friday.  Each chamber is expected to vote on the conference report early this week, where the bill is expected to receive enough support to make…
November 2, 2017

Congress Releases Details of Federal Tax Reform Proposal

Congress released the following details of the proposed federal tax reform legislation: - Ways & Means Cmte Tax Reform Highlights - bill text  https://waysandmeansforms.house.gov/uploadedfiles/bill_text.pdf Following NLC's lead, MML staff have been talking with Michigan delegation members about preserving the State & Local…
December 16, 2015

City Income Tax Communities Oppose Senate Changes

The Michigan Senate voted Tuesday, Dec. 15, 2015, to discharge House Bill 4462 from the Senate Finance committee and then inserted language that many of the 22 income tax communities have weighed in on opposing. Despite the opposition, the Senate passed it late…
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