Introduced
by
To increase the state income tax deduction for pension income for individuals born after 1952. Combined with House Bill 5244 the bill is designed to reduce an increased tax liability “cliff” effect of a <a href="http://www.michiganvotes.org/2011-HB-4361">tax reform and business tax cut law </a> that partially eliminated some of the state income tax exemptions for pension income.
Referred to the Committee on Tax Policy
