GRAND RAPIDS, Mich. -- Michigan lawmakers sent to Gov. Gretchen Whitmer's desk late Wednesday night a bill that would trigger an automatic rollback in the state income tax.
As of the time of this publication Thursday morning, they were awaiting for her signature for it to take effect.
A 2015 state law that ties income tax to revenues will decrease the personal income tax rate from 4.25% to 4.05%, based on a 2015 state law that automatically rolls the rates back. However, legislation that was supposed to dole out $180 rebate checks to taxpayers evidently won't be part of it. A bill would have required changes in state tax law to take effect by April 18 for that to happen.
State Representative Greg VanWoerkom of Norton Shores was a guest on West Michigan's Morning Show. He says the rollbacks will boost your paycheck.
"You are scheduled to get 2-percent more in that paycheck," he said. "Or less from withholding from your taxes."
Because the Senate did not give the bill immediate effect, you should receive that 2 percent rollback and start seeing that in your paycheck in the coming months.
"Because the government would withhold less. And not only do individuals get that, but the small businesses that file their taxes using the income tax," VanWoerkom said.
He added that some lawyers are still trying to determine whether the rollback will be permanent or if it will be temporary.
"Where the tax revenues have come in for the State of Michigan the past two years, this should trigger that rollback. But we're going to keep an eye on it still," VanWoerkom said.
He is the Republican vice chair of the House Tax Policy Committee.
### [Photo from Michigan House Republicans]