But Jen had a little surprise for the tax-cut happy Repubs.
Governor Jennifer Granholm signed most elements of the Single Business Tax cut and jobs development package Monday morning.
She vetoed two items in HB 5047 that would earmark funding for drug discovery and specialty crop grants.
Ms. Granholm, who had said she would veto the bills because Republicans did not do away with a 2009 sunset on the SBT, scheduled an afternoon press conference to discuss her signature of the bills, now Public Acts 212-234. The bill signing announcement did not include HB 5096 and HB 5107, which respectively deal with taxes on commercial real estate and use tax changes.
OK, whatever. But here's the kicker-
GOVERNOR'S VETOES TAKE DOWN S.B.T. CHANGES
Vetoes by Governor Jennifer Granholm of two bills in the single business tax/jobs package scuttled nine other bills that were linked together, sending her and legislators back to the drawing board on crafting tax changes they both say are needed to help Michigan's stalled economy. Ms. Granholm said the intricate tie-bars between the bills means the $1 billion jobs stimulus portion can go forward and urged the Legislature and enact bills to enable the tax bills to also become law.
Ms. Granhom said the announcement by General Motors of new plant closings showed how necessary it is for the Legislature to finish work on a tax cut proposal.
The governor vetoed HB 5096 imposing a tax on commercial property and HB 5107 eliminating some so-called loopholes in use tax applications for telecommunications and drivers education vehicles. She said they created new loopholes that would have transferred the cost of government to individuals.
Ms. Granholm objected to the refusal of the Legislature to include a repeal of the sunset on the SBT, meaning it still is scheduled to expire after 2009.
I can hear the wailing all the way over on the west side here. The accusations will fly now.