Blog categorized as Budget

EITC Expansion Joining List Of Lame Duck Casualties

12/02/22 09:28 AM - By Team MIRS - Comment(s)
EITC Expansion Joining List Of Lame Duck Casualties
Although term-limited Sen. Wayne A. Schmidt (R-Traverse City) does believe in Christmas miracles, he highly doubts his legislation to gradually increase Michigan's Earned Income Tax Credit (EITC) to 30% will see the Governor's desk before 2022 concludes.

Witwer Named As Appropriations Chair

11/19/22 02:55 PM - By Team MIRS - Comment(s)
Witwer Named As Appropriations Chair
Rep. Angela Witwer (D-Delta Township) was announced today as House Appropriations Committee chair for the 2023-24 legislative session.

$3,500 Child Tax Credit Could Halve Mis Child Poverty Rate

11/18/22 01:11 PM - By Team MIRS - Comment(s)
$3,500 Child Tax Credit Could Halve Mis Child Poverty Rate
A refundable state child tax credit of $3,500, with an extra 20% for kids under six, could cut Michigan’s child poverty rate by half, according to a joint report

Fiscal Agency Reports Show More Money Still Rolling In

10/14/22 09:19 AM - By Team MIRS - Comment(s)
Fiscal Agency Reports Show More Money Still Rolling In
The crystal ball is a little murky as to what the lame duck session will tackle given all the unknowns out there, but one thing for sure, if lawmakers want to come back and spend a little more cash, they will have more than a "little more."

Half Of SOAR Fund Set Aside For 3 Projects

10/06/22 05:05 PM - By Team MIRS - Comment(s)
Half Of SOAR Fund Set Aside For 3 Projects
Gov. Gretchen Whitmer was joined by a host of CEOs, bureaucratic leaders, education leaders, politicians, and media