Bulletins
There have been numerous discussions regarding the dramatic tax increases that would be placed on contractors by the new Michigan Business Tax (MBT). However, a number of key legislative leaders have expressed their willingness to “fix the contractor problem”. Unfortunately, as currently written, the issues still remain unresolved and thus,
Today the Legislature finally released details of the proposed new Michigan Business Tax (MBT). MITA has been working non-stop since the framework of the proposal became public less than two weeks ago. It became apparent that contractors would face dramatic new tax increases as a result of the gross receipts
The following is a news story about the proposed Michigan Business Tax published June 21 by Gongwer News, a legislative news service in Lansing. Quick action this week by MITA helped bring problems with the proposed Michigan Business Tax to the forefront. A concern that contractors raised about the structure
Gas prices reached $3.70 a gallon just before Memorial Day and legislators have been at a virtual standstill for months because of an impasse on the state budget. Many people have asked where this leaves the transportation funding effort. Lobbying to Secure Major Increase in Transportation Investment To date, a
MITA has posted several bulletins in recent weeks on the proposed Michigan Business Tax plan. According to analyses done by a number of members, the current plan would be a dramatic tax increase on those in the heavy construction industry. MITA has gone to the media to underscore the disastrous
As details begin to emerge on the business tax compromise plan embraced by legislative leaders and the governor last week, companies in the heavy construction industry could face as much as a 400-percent tax increase over their current liability. MITA staff have been working feverishly to get changes made to
The governor and legislative leaders announced at a press conference last night that they have come to an agreement on the framework of a new business tax plan. Details are still emerging, but two-thirds of the new Michigan Business Tax (MBT) would be a modified gross receipts tax or “margins
Per MDOT’s BOHIM 2006-11 “Revisions to the Weekly Employment Report, Form 1199”, contractors and subcontractors must submit the report annually when work is performed during the last full week of July. This form may be submitted electronically and must be sent to MDOT’s Business Development Division. Click here for further details. If you
Effective with the July 6, 2007 letting, MDOT will implement a new specification on all their projects that requires lights on plastic drums be Type D, 360-degree warning lights. This change in the warning light requirement is the result of an ongoing cooperative effort between MITA and MDOT to improve
Legislative Update: Legislation Pending at State Capitol Would Have Dramatic Impact on Heavy Construction Industry Gas Tax Increase Despite record-setting gas prices and devastating state budget shortfalls, MITA continues to promote a $1 billion increase in transportation funding in the Legislature. MITA has been pressing legislators to fix the transportation
The National Federation of Independent Businesses (NFIB) has published an updated tax calculator to help businesses figure out how their companies would fare under the proposed new business tax plans under discussion at the state capitol. Click here to download the NFIB calculator. Last week, the House passed a business tax
Beginning with the October 5, 2007 letting, any contractor performing bridge painting work on any MDOT projects must provide to the Department proof of current SSPC certifications for QP 1 and QP 2. This documentation must be received to both maintain and receive prequalification to perform bridge painting work (prequalification
