2025 Senate Bill 472

Individual income tax: revenue distributions; earmark of withholding tax capture revenues into the more jobs for Michigan fund; provide for.

A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” by amending sections 51f and 711 (MCL 206.51f and 206.711), section 51f as added by 2017 PA 110 and section 711 as amended by 2018 PA 118.

AI Analysis – Experimental

Senate Bill No. 472 expands the allocation of withholding tax revenues to support both new and protected jobs through the More Jobs for Michigan Fund, updates employer reporting requirements, and is contingent on related legislative enactment.

Introduced in the Senate

June 26, 2025

Introduced by Sen. Sam Singh (D-28)

Referred to the Committee on Government Operations