2024 House Bill 5941

Individual income tax: deductions; exclusion of certain gratuities for tipped employees; provide for.

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.

Official record

AI Analysis – Experimental

The bill amends the Income Tax Act of 1967 to adjust taxable income definitions, introduce new deductions for retirement benefits, education savings, and gratuities for tipped employees, and modify personal exemptions based on inflation, with phased implementation by 2026.

Introduced in the House

Sept. 17, 2024

Introduced by Rep. Joseph Aragona (R-60) and 15 co-sponsors

Co-sponsored by Reps. William Bruck (R-30), Ken Borton (R-105), Jay DeBoyer (R-63), Nancy DeBoer (R-86), Gina Johnsen (R-78), Angela Rigas (R-79), Mike Harris (R-52), David Martin (R-68), Joseph Fox (R-101), Gregory Alexander (R-98), Timothy Beson (R-96), Rachelle Smit (R-43), Thomas Kuhn (R-57), Doug Wozniak (R-59) and Kathy Schmaltz (R-46)

Referred to the Committee on Tax Policy