SENATE BILL NO. 5 January 13, 1999, Introduced by Senator BULLARD and referred to the Committee on Finance. A bill to amend 1967 PA 281, entitled "Income tax act of 1967," (MCL 206.1 to 206.532) by adding section 51f. THE PEOPLE OF THE STATE OF MICHIGAN ENACT: 1 SEC. 51F. ON AND AFTER JANUARY 1, 2004, FOR RECEIVING, 2 EARNING, OR OTHERWISE ACQUIRING INCOME FROM ANY SOURCE WHATSOEV- 3 ER, THERE IS LEVIED AND IMPOSED UPON THE TAXABLE INCOME OF EVERY 4 PERSON OTHER THAN A CORPORATION A TAX AT THE RATE OF 3.9%. 01183'99 Final page. RJA