Section 21.295 - Reporting estimate of revenue foregone from exemptions under MCL 450.2062.
REPORTING TAX INFORMATION (EXCERPT)
Act 72 of 1979
21.295 Reporting estimate of revenue foregone from exemptions under MCL 450.2062.
Sec. 25.
The governor shall report an estimate of revenue foregone from exemptions granted pursuant to section 1062 of Act No. 284 of the Public Acts of 1972, as amended, being section 450.2062 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