A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” by amending section 301a (MCL 206.301a), as added by 2021 PA 8.
Senate Bill No. 24 proposes an amendment to the Income Tax Act of 1967. Specifically, it seeks to amend section 301a to grant an automatic extension for filing the annual tax return due on April 15, 2021, for the 2020 tax year, extending the deadline to May 17, 2021. Additionally, if the IRS extends the federal income tax filing deadline for the 2020 tax year beyond April 22, 2021, the state deadline will automatically align with the new federal deadline. The bill also allows the department to extend any tax year's due date if the IRS extends the federal deadline for individual taxpayers, with the state extension matching the federal extension unless a compelling reason dictates otherwise. The department must announce any such extension publicly. During these extension periods, taxpayers will not be subject to interest or penalties.
Introduced
by
Referred to the Committee on Finance, Insurance, and Consumer Protection
