- December 21, 2021
- Posted by: Stratford Team
- Category: Business
Rep. Tisdel small-business tax savings plan signed into law
Governor signs bill after previous veto
A plan introduced by state Rep. Mark Tisdel to help Michigan small businesses save on their federal taxes was signed into law today by Gov. Gretchen Whitmer after passing the Legislature with overwhelming bipartisan support.
The governor’s approval for Tisdel’s House Bill 5376 comes five months after she vetoed Tisdel’s first push for the tax savings plan, which also received bipartisan legislative support.
“Corner stores and Main Street shops are the foundation of our local economies and a feature of our communities,” said Tisdel, of Rochester Hills. “They sell products, like meals and books, and provide services, like haircuts and help filing our taxes. We know and trust our local businesses to serve us, and they deserve a fair tax system. I was proud to spearhead this new law, which will empower small businesses to boost their tax…
