Displaying items by tag: Small Business Association of Michigan

Republicans in Lansing have passed another election-year tax cut plan that would reduce the personal income tax, raise Michigan’s earned income tax credit, and create a $500 per-child tax credit.

Michigan slipped six spots in RAND Corp.’s latest analysis of what hospitals in the U.S. charge private health insurers compared to what they receive from Medicare.

Michigan’s business tax climate ranks comparatively well to other states, and business advocates say election-year tax cuts proposed in Lansing could further improve that standing.

A pilot child care program expansion will help West Michigan parents find affordable child care, tackling one factor that has contributed to labor shortages and employees’ difficulty returning to work.

COVID-19 hospitalizations across Michigan declined again during the last week, continuing a trend after peaking about a month ago.

Competing proposals from Gov. Gretchen Whitmer and Republicans who control the Legislature put tax cuts on the election-year agenda in Lansing.

Small business advocates are calling for more support from the state Legislature to help companies that they say are not recovering at the same rate as other sectors in Michigan’s economy. 

State lawmakers have passed $1.48 billion in additional spending to provide incentives for major economic development projects and relief for small businesses hit hard by the COVID-19 pandemic.

Michigan’s economy overall is recovering from last year, but lingering effects from COVID-19 are having a disproportionately negative effect on small businesses, according to a new report released by the Small Business Association of Michigan.

Businesses that employ 100 or more people will have to either require workers to get a COVID-19 vaccine or get tested weekly beginning Jan. 4, the Biden administration has announced.

A majority of Michigan small businesses oppose President Biden’s recently announced vaccine mandate as staffing shortages and rising costs remain the biggest obstacles for business owners, according to a new survey by the Small Business Association of Michigan.

As the number of COVID-19 cases and hospitalizations steadily rise in Michigan, business and health care advocates say getting more people vaccinated remains paramount to ending the pandemic and avoiding further economic damage.

Michigan’s small businesses were disproportionately harmed compared to other industries during the pandemic with significant declines in revenue and the number of businesses operating, but experts remain optimistic about a strong post-pandemic recovery.

Republican lawmakers are advancing bills that would reduce Michigan’s corporate income tax rate by 20 percent and create tax credits for businesses that lost at least a quarter of their revenue during COVID-19 restrictions.

GRAND RAPIDS — The Grand Rapids Area Chamber of Commerce today urged Gov. Gretchen Whitmer to update state restrictions after the U.S. Centers for Disease Control and Prevention said people who are fully vaccinated against COVID-19 can go maskless in most indoor settings.

A coalition of Michigan business groups is urging state senators to reject legislation that they claim will drive up the cost of health coverage for small employers.

The Biden administration on Monday announced a series of changes to the Paycheck Protection Program that are aimed at improving access to federal COVID-19 relief loans for small and minority-owned businesses.

Within hours of his inauguration on Jan. 20, President Joe Biden signed executive orders seeking to bolster the country’s COVID-19 response and issued a memo to top federal officials to “preserve and fortify” a key immigration policy for certain undocumented immigrants.

Gov. Gretchen Whitmer and Republican lawmakers are squaring off over multi-billion-dollar COVID-19 spending plans that would bolster a vaccine rollout, K-12 schools preparedness and crucial business support.

Statewide business groups announced their support today for House Republicans’ COVID-19 spending plan that’s a rebuttal to Gov. Gretchen Whitmer’s $5.6 billion plan unveiled last week.

Gov. Gretchen Whitmer today named a commission that will work to raise awareness on the safety and effectiveness of COVID-19 vaccines and promote the need for people to get vaccinated.

The new round of federal Paycheck Protection Program loans includes a number of changes from the prior funding intended to aid small businesses hurting from the COVID-19 pandemic.

Gov. Gretchen Whitmer has let legislation die that would have waived late fees and fines on businesses that have yet to pay their summer 2020 property taxes.

Gov. Gretchen Whitmer today signed legislation that provides $106 million in COVID-19 relief that includes grants for small businesses and entertainment venues that have been closed or had operations limited by state orders.

Business groups are urging Gov. Gretchen Whitmer to sign legislation that would forgive fines, late fees and interest on unpaid summer 2020 property tax bills.

More Michigan hospitals are now vaccinating health care workers as doses of the Pfizer Inc. vaccine arrive.

The Whitmer administration is expected to announce in the coming days whether to extend, alter or allow state-imposed restrictions on business activity to expire.

The head of the Small Business Association of Michigan says he’s “cautiously optimistic” that Gov. Gretchen Whitmer and state legislators can agree on a bill that would allow businesses to defer property tax payments.

LANSING — State officials expect Michigan to receive nearly 260,000 initial doses of COVID-19 vaccines from Pfizer Inc. and Moderna Inc., based on federal estimates.

LANSING — With hospital bed capacity and staffing increasingly stretched thin, exponential growth in positive cases statewide and limited contact tracing ability, the Whitmer administration is urging Michigan residents to help stop the spread of COVID-19.