Rep Albert supports money saving measures for Michigan families

first_img Bills provide tax relief, end driver responsibility feesState Rep. Thomas Albert today supported two measures that will allow Michigan families to keep more of their hard-earned money in their own pockets.The first measure would continue and increase personal exemptions for Michigan taxpayers and their dependents on state income taxes, potentially saving families hundreds of dollars overall.“This is a fair and uniform way to help Michigan families,” Albert said. “Raising the personal exemption benefits everyone who pays the state income tax, providing broad relief across the spectrum regardless of age or other factors. This tax cut should help families make ends meet and benefit our economy.”The bills ensure Michigan taxpayers will be able to continue claiming personal exemptions on their income taxes, a necessary step after federal tax reforms signed into law in December. The measure also increases the state personal exemption from the current $4,000 to $4,900 by the 2021 tax year.The legislation also allows taxpayers in Michigan cities with an income tax to continue to claim exemptions.Albert also voted to end driver responsibility fees effective Oct. 1, 2018 and forgive outstanding debt associated with the fees.Albert said the fees, which were enacted by a previous administration to fill a budget shortfall, resulted in financial hardships for families across the state.“Hundreds of thousands of Michigan drivers are required to pay these useless fees, which were sold as a way to improve driving skills but did nothing of the sort,” said Albert, of Belding. “This legislation will relieve people of burdensome debt they never should have had to begin with.”The bill package ends the fees on Oct. 1 and forgives all outstanding debt in connection to the fees. The legislation also creates a grace period from enactment of the bill thorough Dec. 31, 2018 that enables them to get their driver’s licenses back without paying a $125 restoration fee. People on monthly payment plans will receive immediate forgiveness, and others may participate in workplace development training programs to regain their driver’s licenses prior to Oct. 1, 2018.Both money-saving measures were approved by the House and move to the governor’s desk to be considered for state laws.##### 14Feb Rep. Albert supports money saving measures for Michigan families Tags: driver responsibility fees, Tax relief center_img Categories: Albert Newslast_img

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