A bipartisan coalition is backing a bill known as the “Buy Michigan” plan.
House Bill 4902 and Senate Bill 117 aim to favor Michigan-based businesses in procuring state contracts.
Read MoreCoalition Supports ‘Buy Michigan’ Plan
Tag: Jim Ananich
Michigan Senators Take Steps Toward Gas-Tax Vacation
As residents of the Great Lakes State and out-of-state tourists prepare to inaugurate the 2022 outdoor vacation season, they’re being stymied by gasoline prices rising steadily toward the $5 per gallon range.
The Michigan Senate has passed a slate of bills designed to alleviate drivers’ pain at the pump. If signed into law by Gov. Gretchen Whitmer, the bills would save Michigan drivers between 40 cents to 50 cents a gallon by temporarily eliminating the state’s 6% sales tax and 27-cent-per-gallon excise tax.
Read MoreMichigan Lawmaker: Slashing Gas Sales Tax ‘a Requirement, Not an Option’
Suspension of Michigan’s 6% sales tax on gasoline through March 1, 2023 has been proposed by Senate Minority Leader Jim Ananich.
The bill is in response to record gas prices caused by inflation and international conflict that brought trade restrictions. Gas prices, less than $3 a gallon just over a year ago, have soared past $4 per gallon.
Read MoreSenator Proposes Ending MEGA Tax-Incentive Payouts
Although former Gov. Rick Snyder ended the Michigan Economic Growth Authority (MEGA) program in 2011, the state continues to pay out millions of dollars each year to corporations that signed on to receive the tax credits.
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