State Senators have finalized a tax cutting plan and sent it to the Governor's office.

 

The Lowering MI Costs Plan phases out the retirement tax over four years and increases the Earned Income Tax Credit that will affect more than 700-thousand Michigan workers.

 

Also yesterday the Senate approved a new $1.3 billion dollars spending bill that allocates more than $600-million dollars to prepare land in Marshall for the new Ford battery plant.

 

Meanwhile, a package of gun safety laws will be discussed during a State House committee hearing this afternoon.

 

The legislation would require background checks for all firearms sold in Michigan, require guns be stored in gun safes or with trigger locks and establish a red-flag provision to allow police to ask a court to temporarily take away weapons from individuals deemed a threat to themselves and others.