This week the League will be in Washington DC to meet with Congressman Camp and Levin to discuss the critical nature of retaining the federal tax exemption on municipal bonds. Congressman Camp is the Chairman of the Powerful Ways and Means Committee and Congressman Levin is the ranking member, so both are in powerful positions on this issue which is heating up since tax reform has been tied to lifting the debt ceiling in the next couple of weeks. We will also be urging them to support the Marketplace Fairness Act which would bring sales tax collection parity to online retailers, generating hundreds of millions of lost revenue to Michigan. The bill passed the Senate this spring.
Summer Minnick is the Director of Policy Initiatives and Federal Affairs. She can be reached at 517-908-0301 or sminnick@mml.org.