2023 House Bill 5102

Corporate income tax: credits; annual report on research and development tax credits; provide for.

A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” (MCL 206.1 to 206.847) by adding section 718.

Introduced in the House

Oct. 5, 2023

Introduced by Rep. Ranjeev Puri (D-24) and 9 co-sponsors

Co-sponsored by Reps. Jason Hoskins (D-18), Carrie Rheingans (D-47), Joey Andrews (D-38), Jasper Martus (D-69), Laurie Pohutsky (D-17), Amos O’Neal (D-94), Erin Byrnes (D-15), Jennifer Conlin (D-48) and Rachel Hood (D-81)

Referred to the Committee on Economic Development and Small Business

Oct. 24, 2023

Reported without amendment

Oct. 31, 2023

Substitute H-1 offered by Rep. Jason Hoskins (D-18)

The substitute passed by voice vote

Passed in the House 80 to 30 (details)

Motion to give immediate effect by Rep. Abraham Aiyash (D-9)

The motion prevailed by voice vote

Received in the Senate

Nov. 1, 2023

Referred to the Committee of the Whole

March 19, 2024

Reported without amendment

Passed in the Senate 22 to 13 (details)