2023 House Bill 5022

Corporate income tax: flow-through entities; dates to make election to pay the tax and submit certain information; modify.

A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” by amending sections 813, 831, and 839 (MCL 206.813, 206.831, and 206.839), as added by 2021 PA 135.

AI Analysis – Experimental

Adjusts filing and payment procedures for both flow-through entities and individual taxpayers, starting from the 2021 tax year.

Introduced in the House

Sept. 20, 2023

Introduced by Reps. Alabas Farhat (D-3) and Helena Scott (D-7)

Referred to the Committee on Tax Policy

Dec. 4, 2024

Reported with substitute H-2

Dec. 11, 2024

Substitute H-2 concurred in by voice vote

Passed in the House 104 to 5 (details)

Motion to give immediate effect by Rep. Abraham Aiyash (D-9)

The motion prevailed by voice vote