Rep Hughes bill provides tax relief as part of 12 billion road

Aug 9, 2019 oigcpvet

first_img LANSING – Rep. Holly Hughes, R-Montague, voted today in support of statewide road funding legislation, a nine-bill package approved by the state House of Representatives.Included in the multi-bill package is House Bill 4370, introduced by Rep. Hughes, which expands the Homestead Property Tax Credit by a projected $200 million.Overall, the approved legislation allocates $600 million in existing state funds, coupled with $600 million in new revenue to help repair and build roads and bridges throughout the state of Michigan. The $1.2 billion allocated to address transportation will be gradually built up over five years.“This plan resolves a long-time discussion to fixing roads and this is an issue that has gone on long enough,” Rep. Hughes said. “We listened to the voters on Proposal 1, creating a plan that includes recommendations from the governor and the Senate. All new revenue goes to roads, which people have said they wanted all along.”The Homestead Property Tax Credit expansion is intended to soften the cost to senior citizens and low-income families, as well as all tax-paying residents.“This package recognizes that Michigan is in a much better economic position than four years ago when changes to the tax credit were made,” said Rep. Hughes. “My bill will provide relief to citizens while gas and registration fees will be dedicated to building roads. This bill package repairs roads while providing tax relief to our hard-working taxpayers.”The legislation now advances to the Senate for its consideration.##### 21Oct Rep. Hughes bill provides tax relief as part of $1.2 billion road fund package Categories: Hughes News,Newslast_img

By admin

Leave a Reply

Your email address will not be published. Required fields are marked *