evidence_text: Representative Tisdel moved to adopt the meeting minutes from May 26, 2021. There being no objection, the motion prevailed by unanimous consent. The Chair laid SB 437 before the committee: SB 437 (Sen. Schmidt) A bill to amend 2007 PA 36, entitled "Michigan business tax act," by amending section 437 (MCL 208.1437), as amended by 2017 PA 217. Senator Schmidt and Senator Bullock, testified in support of SB 437. Questions and discussion followed. Emery Matthews, representing Real Estate Interest, LLC, testified in support of SB 437. Questions and discussion followed. At 11:03 AM, the Chair laid the committee at ease. At 11:05 AM, the Chair called the committee back to order.