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Construction Law

: Michigan Construction Law

Materials Deduction Bill Signed by Governor Granholm, Public Act 177 of 2008

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On July 9, 2008, Governor Granholm signed into law S.B. 1217 [Public Act 177 of 2008]. As discussed in an earlier post, this new law provides that construction companies can deduct materials purchased for specific construction projects from calculation of their gross receipts taxes. The deduction is retroactive to January 1, 2008.

Full post as published by Michigan Construction Law on July 11, 2008 (boomark / email).

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