A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” by amending the title and section 601 (MCL 206.601), the title as amended by 2023 PA 4 and section 601 as added by 2011 PA 38; and to repeal acts and parts of acts.
The bill amends the Income Tax Act of 1967 to streamline tax processes for commercial activities, remove certain tax references, and repeal specific sections of the existing statute.
Co-sponsored by Sens.
Referred to the Committee on Finance, Insurance, and Consumer Protection