2025 Senate Bill 647

Economic development: other; income tax act of 1967; amend to reflect elimination of the Michigan strategic fund.

A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” by amending sections 51f, 266a, 270, 278, 676, 680, 696, 701, 711, 713, and 718 (MCL 206.51f, 206.266a, 206.270, 206.278, 206.676, 206.680, 206.696, 206.701, 206.711, 206.713, and 206.718), section 51f as added by 2017 PA 110, sections 266a and 676 as added by 2020 PA 343, sections 270 and 278 as amended and section 713 as added by 2011 PA 38, section 680 as amended by 2019 PA 92, section 696 as added by 2023 PA 4, section 701 as amended by 2024 PA 177, section 711 as amended by 2018 PA 118, and section 718 as added by 2024 PA 119.

AI Analysis – Experimental

SB 631-683 is a bill package intended to eliminate the Michigan Economic Development Corporation and reshape Michigan's approach to job creation.

Introduced in the Senate

Oct. 30, 2025

Introduced by Sen. Thomas Albert (R-18)

Referred to the Committee on Government Operations