A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” by amending section 30 (MCL 206.30), as amended by 2025 PA 24.
Amends Michigan's Income Tax Act to increase and index deductions for retirement income and senior investment income, introduce new tax incentives for workforce relocation, and clarify or expand various other deductions and exemptions, with phased implementation beginning in 2025 and 2027.
Co-sponsored by Reps.
Referred to the Committee on Economic Competitiveness