HB 4480 - Tax Exemption and Pension Bill - Michigan Key Vote

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Title: Tax Exemption and Pension Bill

Vote Smart's Synopsis:

Vote to pass a bill that amends the State Employees' Retirement Act by establishing that payments to retirees, including pension, annuities, retirement allowances, optional benefits, and any other payments accrued or accruing from the provisions of the State Employees' Retirement Act shall be subject to a state tax beginning January 1, 2012.

NOTE: THE LIEUTENANT GOVERNOR CAST A TIE-BREAKING VOTE ON THIS LEGISLATION.

See How Your Politicians Voted

Title: Tax Exemption and Pension Bill

Vote Smart's Synopsis:

Vote to pass a bill that amends the State Employees' Retirement Act by establishing that payments to retirees, including pension, annuities, retirement allowances, optional benefits, and any other payments accrued or accruing from the provisions of the State Employees' Retirement Act shall be subject to a state tax beginning January 1, 2012.

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