The proposal to scrap the Michigan Business Tax in favor of a 6 percent profits tax for “C” corporations is one step closer to reality, passing the House today on a 56-53 vote. MITA is once again asking industry financial experts to review the legislation and offer any feedback before
Clean Water Programs See Federal Cuts There has been final action on the federal FY 2011 Clean Water Appropriations bill and the infrastructure programs saw cuts in funding. According to the final bill, the Clean Water SRF will be $1.5 billion and the Drinking Water SRF will be $965 million.