Bulletins
Recently, at the MITA summer conference, MDOT leadership reported that they are projecting the State construction program for 2008 will be approximately $700 million, down roughly $300 million from the 2007 program, which was $1 billion. In reporting those projections, the MDOT leadership further commented that that program reduction would
If you think high gas prices have meant the end to MITA’s transportation funding initiative, think again. For the last four days articles and editorials supporting the need for more transportation funding have appeared in newspapers and television stations across the state. The renewed support was kicked off with a
Amidst the flurry of activity around the passage of the new Michigan Business Tax, legislation was quietly signed into law on June 28, 2007 that would amend the state’s construction lien law. (An analysis to Senate Bill 487 can be downloaded by clicking here.) New notification requirements passed in 2006 were
After weeks of intense wrangling with state policymakers on a proposed Michigan Business Tax (MBT), the Legislature adopted a new plan last night that included critical contractor deductions fought for by MITA. Two weeks ago, the House, Senate and Governor announced the framework for a business tax agreement that would
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
