Section 21.277 - Reporting estimate of revenue foregone from exemptions under MCL 205.131 et seq.
REPORTING TAX INFORMATION (EXCERPT)
Act 72 of 1979
21.277 Reporting estimate of revenue foregone from exemptions under MCL 205.131 et seq.
Sec. 7.
The governor shall report an estimate, by group, if possible, of revenue foregone from exemptions granted pursuant to Act No. 301 of the Public Acts of 1939, as amended, being sections 205.131 to 205.147 of the Michigan Compiled Laws. The estimate shall include revenue foregone by any deductions or credits granted under the act.
History: 1979, Act 72, Imd. Eff. July 31, 1979