2024 House Bill 5396

Corporate income tax: rate; pay ratio surcharge for certain corporations; provide for.

A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” (MCL 206.1 to 206.847) by adding section 684.

Introduced in the House

Jan. 16, 2024

Introduced by Rep. Dylan Wegela (D-26) and four co-sponsors

Co-sponsored by Reps. Jimmie Wilson (D-32), Carrie Rheingans (D-47), Penelope Tsernoglou (D-75) and Emily Dievendorf (D-77)

Referred to the Committee on Tax Policy