A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” by amending section 695 (MCL 206.695), as amended by 2023 PA 4.
The bill amends the Income Tax Act of 1967 to redistribute tax revenue, prioritizing allocations to various state funds through 2024-2025, and redirects funds to the Michigan transportation fund starting in 2025-2026.
Introduced
by
Referred to the Committee on Transportation, Mobility and Infrastructure
