Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
House panel hears bill to send taxpayers an annual ‘receipt’ showing where state income tax dollars go
Summary
Rep. Bierlein told the House Finance Committee that House Bill 4,019 would require the Michigan Department of Treasury and the State Budget Office to provide annual revenue reports to individual income-tax filers showing revenue sources and fund distributions; members asked about cost and delivery method; no vote was taken.
Representative Bierlein told the House Finance Committee on March 4 that House Bill 4,019, the Taxpayer Receipt Act, would require the Michigan Department of Treasury, in collaboration with the State Budget Office, to issue an annual revenue report to each individual who files a state income tax return.
Bierlein said the report would show total revenues collected (broken down by wage and salary withholdings, quarterly payments, flow-through entity tax and annual payments), total refunds issued and distributions to named state funds including the general fund, the School Aid Fund, the Michigan…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
