2018 Senate Bill 748 ↩

Senate Roll Call 88: Passed

To increase the $4,000 personal exemption that is currently allowed under the Michigan state income tax. The bill would immediately increase it to $4,050, and then gradually to $4,900 by 2021, with inflation adjustments thereafter. Taxpayers can claim a personal exemption for themselves, their spouse and each dependent, and these are subtracted from the amount of income that is subject to income tax.