Section 21.294 - Reporting estimate of revenue foregone from exemptions under MCL 431.61 et seq.
REPORTING TAX INFORMATION (EXCERPT)
Act 72 of 1979
21.294 Reporting estimate of revenue foregone from exemptions under MCL 431.61 et seq.
Sec. 24.
The governor shall report an estimate of revenue foregone from exemptions granted pursuant to Act No. 327 of the Public Acts of 1980, as amended, being sections 431.61 to 431.88 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 ;-- Am. 1983, Act 7, Imd. Eff. Mar. 16, 1983