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.
The bill amends the Income Tax Act of 1967 to redefine taxable income, introduce new deductions, and modify existing laws, with phased implementation of retirement benefit deductions and specific provisions for public service employees.
Co-sponsored by Reps.
Referred to the Committee on Appropriations