HB-5924, As Passed House, December 4, 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

HOUSE BILL No. 5924

 

November 6, 2014, Introduced by Rep. Daley and referred to the Committee on Tax Policy.

 

     A bill to amend 1972 PA 239, entitled

 

"McCauley-Traxler-Law-Bowman-McNeely lottery act,"

 

(MCL 432.1 to 432.47) by adding section 32b.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 32b. (1) If the bureau is required to withhold federal or

 

state income taxes from a prize and if the winner of the prize

 

resides in a city that has adopted an ordinance imposing a tax on

 

the income of residents under the city income tax act, 1964 PA 284,

 

MCL 141.501 to 141.787, the bureau shall withhold from the prize an

 

amount computed by applying the rate set by the city ordinance to

 

be levied on the income of residents at the time the prize was won.

 

     (2) The bureau shall immediately transfer the amount withheld

 

under subsection (1) to the city.