The Michigan Chamber of Commerce today issued the following statement in response to Governor Snyder’s veto of legislation that would bring fairness to the aviation repair industry.
“The Michigan Chamber is disappointed and frankly puzzled that Governor Snyder vetoed legislation that would have eliminated the competitive disadvantage aviation repair facilities in Michigan have with out-of-state facilities,” said Michigan Chamber President & CEO Rich Studley. “HBs 4350-4351 would have leveled the playing field for these companies who offer high-paying, skilled jobs to Michigan residents.”
“Without the parity provided in these bills, Michigan businesses will continue to struggle with competition from surrounding states,” Studley added.
“The estimated ‘cost’ of the vetoed legislation was $4 million per year; that’s less than what it takes to run state government for one hour,” noted Dan Papineau, Director of Tax Policy and Regulatory Affairs for the Michigan Chamber. “This is a clear-cut situation where Michigan’s tax laws put Michigan businesses at a competitive disadvantage.”
“Let’s be clear, these bills are not about creating a new tax credit or providing targeted tax relief,” said Papineau. “They are about removing a tax penalty that hurts employers and employees.”
“We encourage state lawmakers to reintroduce these important bills and revisit this key issue as soon as possible,” Studley concluded.