2025 House Bill 4313

A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” by amending section 30 (MCL 206.30), as amended by 2023 PA 4.

AI Analysis – Experimental

Amends the Income Tax Act of 1967 to introduce new deductions and adjustments to taxable income, including provisions for residents of vacant legislative districts, senior citizens, disabled veterans, and other specific groups, while adjusting personal exemptions based on economic indicators.