2025 Senate Bill 556

Individual income tax: other; MiAble fund; create.

A bill to amend 2015 PA 160, entitled “Michigan achieving a better life experience (ABLE) program act,” (MCL 206.981 to 206.997) by adding section 3a.

AI Analysis – Experimental

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 in the Senate

Sept. 18, 2025

Introduced by Sens. Michael Webber (R-9) and Mark Huizenga (R-30)

Referred to the Committee on Housing and Human Services