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, and by adding sections 51a and 695a; and to repeal acts and parts of acts.
Senate Bill No. 573 updates Michigan's Income Tax Act by revising how income tax revenues are allocated to various state funds, streamlining and clarifying the distribution process without altering the overall tax rate.
Introduced
by
Referred to the Committee on Appropriations
Discharged from committee
Referred to the Committee of the Whole
Reported with substitute S-2
Substitute S-2 concurred in by voice vote
