A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” by amending section 51 (MCL 206.51), as amended by 2023 PA 4.
Senate Bills 555 and 556 of 2025 form a coordinated package to enhance Michigan’s income tax and disability savings framework. SB 555 incrementally raises school aid funding and adjusts MiABLE allocations for inflation while maintaining environmental spending, and SB 556 formally establishes a MiABLE Fund to manage program operations and reimburse fees, with both bills contingent on each other’s enactment.
Introduced
by
Referred to the Committee on Housing and Human Services