A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” by amending section 520 (MCL 206.520), as amended by 2015 PA 179. The bill was read a first time by its title and referred to the Committee on Finance.
The bill amends Michigan's Income Tax Act to adjust property tax credits, increasing eligibility caps, and setting new rules for renters and senior citizens, with annual adjustments based on economic indices.
Co-sponsored by Reps.
