Michigan Business Tax Proposed Rules Receive Tentative Approval - Next Step is Public Hearings
The following is an update on the current status of the Michigan Business Tax (MBT) General Rules in the promulgation process.
The Legislative Service Bureau (LSB) has given informal approval to the MBT Rules, with some suggested style edits for compliance with the format of the Michigan Administrative Code.
Treasury has incorporated LSB's edits into the draft Rules dated October 14, 2010, and returned this latest edition of the Rules to the State Office of Administrative Hearings and Rules (SOAHR). After SOAHR confirms that LSB's recommended changes have been made, the October 14 edition will be published on SOAHR's website.
Work necessary before a public hearing can be scheduled is underway.