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 distribution of tax revenue, specifying allocations to various funds over several fiscal years, with future adjustments for inflation, contingent on the passage of a related bill and voter approval in 2026.
Co-sponsored by Sens.
Referred to the Committee on Energy and Environment
Reported without amendment
Referred to the Committee of the Whole
