2023 House Bill 4578

Individual income tax: retirement or pension benefits; department of corrections retirement and pension benefits; exempt from income taxes.

A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” by amending section 30 (MCL 206.30), as amended by 2023 PA 4.

House Fiscal Agency Analysis

House Bill 4578 would amend the Income Tax Act to allow taxpayers to deduct retirement and pension benefits for state corrections officers without being subject to the restrictions placed on other retirement income.

Introduced in the House

May 16, 2023

Introduced by Rep. Kathy Schmaltz (R-46) and 9 co-sponsors

Co-sponsored by Reps. John Roth (R-104), Mike Harris (R-52), Robert Bezotte (R-50), Doug Wozniak (R-59), Mike Mueller (R-72), Jimmie Wilson (D-32), Denise Mentzer (D-61), Brian BeGole (R-71) and Jerry Neyer (R-92)

Referred to the Committee on Tax Policy