Section 21.271 - Reporting tax credits, deductions, and exemptions with annual budget message; duty of department of treasury.
REPORTING TAX INFORMATION (EXCERPT)
Act 72 of 1979
21.271 Reporting tax credits, deductions, and exemptions with annual budget message; duty of department of treasury.
Sec. 1.
The governor, with the annual budget message to the legislature, shall report, at a minimum, the tax credits, deductions, and exemptions enumerated in this act. The message shall include tax credits, deductions, and exemptions by budget and also shall contain a separate report on tax credits, deductions, and exemptions in total that may be printed as an appendix to the budget. The department of treasury shall furnish these items to the governor for inclusion in the report as required by this act.
History: 1979, Act 72, Imd. Eff. July 31, 1979 ;-- Am. 2003, Act 38, Imd. Eff. July 8, 2003