|SB 0023||Repeals Temporary Corporate Income Tax Increase|
|Last Action:||01/10/95 - Hearing Conducted S Ways & Means Committee|
|Effective Date:||August 28, 1995|
SB 23 - This act repeals the temporary corporate income tax
increase which raised additional revenues to pay federal retiree
income tax refunds pursuant to the Davis v. Michigan court ruling
in 1989. Quarterly reports issued by the Department of Revenue
relating to such revenues are also repealed.