SENATE BILL No. 1035

February 17, 2000, Introduced by Senators ROGERS, HAMMERSTROM, GOUGEON,

GOSCHKA, JOHNSON and STILLE and referred to the Committee on Finance.

A bill to amend 1967 PA 281, entitled

"Income tax act of 1967,"

by amending section 51c (MCL 206.51c), as added by 1999 PA 3; and

to repeal acts and parts of acts.

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

1 Sec. 51c. On and after January 1, 2001 2000 and before

2 January 1, 2002, for receiving, earning, or otherwise acquiring

3 income from any source whatsoever, there is levied and imposed

4 upon the taxable income of every person other than a corporation

5 a tax at the rate of 4.2%.

6 Enacting section 1. Section 51b of the income tax act of

7 1967, 1967 PA 281, MCL 206.51b, is repealed effective January 1,

8 2000.

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