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House passes Michigan Broadband Accessibility Act to exclude federal grants from state taxable income
Summary
The Michigan House on May 21 passed House Bill 4287, the Michigan Broadband Accessibility Act, to exempt federal broadband grant money from state taxation; the measure passed 97-8 and was given immediate effect.
The Michigan House of Representatives on Wednesday passed House Bill 4287, the Michigan Broadband Accessibility Act, which would exempt federal broadband grant money from being treated as taxable income under state law, 97 to 8. The House also ordered the bill to take immediate effect.
Representative Ryan Bonack, the bill sponsor, told the House the change would ensure taxpayer dollars and federal grants “go completely toward the expansion of reliable…
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