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Bill > HB5100


MI HB5100

Corporate income tax: credits; research and development credit for certain employers; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 677 & repeals sec. 716 of 1967 PA 281 (MCL 206.716).


summary

Introduced
10/05/2023
In Committee
03/19/2024
Crossed Over
11/13/2024
Passed
12/31/2024
Dead
Signed/Enacted/Adopted
12/31/2024

Introduced Session

102nd Legislature

Bill Summary

AN ACT to amend 1967 PA 281, entitled ?An act to meet deficiencies in state funds by providing for the imposition, levy, computation, collection, assessment, reporting, payment, and enforcement by lien and otherwise of taxes on or measured by net income and on certain commercial, business, and financial activities; to prescribe the manner and time of making reports and paying the taxes, and the functions of public officers and others as to the taxes; to permit the inspection of the records of taxpayers; to provide for interest and penalties on unpaid taxes; to provide exemptions, credits, rebates, and refunds of the taxes; to create certain funds; to provide for the expenditure of certain funds; to impose certain duties and requirements on certain officials, departments, and authorities of this state; to prescribe penalties for the violation of this act; to provide an appropriation; and to repeal acts and parts of acts,? (MCL 206.1 to 206.847) by adding section 677; and to repeal acts and parts of acts.

Committee Categories

Business and Industry

Sponsors (10)

Last Action

Assigned Pa 186'24 (on 12/31/2024)

bill text


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bill summary

Document Type Source Location
State Bill Page http://legislature.mi.gov/doc.aspx?2023-HB-5100
BillText https://legislature.mi.gov/documents/2023-2024/publicact/htm/2024-PA-0186.htm
BillText https://legislature.mi.gov/documents/2023-2024/billenrolled/House/htm/2023-HNB-5100.htm
Fiscal Note/Analysis - House: Summary as Passed by the Senate https://legislature.mi.gov/documents/2023-2024/billanalysis/House/pdf/2023-HLA-4368-68D841BB.pdf
Senate Substitute (S-1) https://legislature.mi.gov/mileg.aspx?page=CurrentVersionAmendment&cvFileName=2023-HCVBS-5100-00D420.pdf
Senate Substitute (S-1) https://legislature.mi.gov/mileg.aspx?page=CurrentVersionAmendment&cvFileName=2023-HCVBS-5100-00C719.pdf
BillText http://www.legislature.mi.gov/documents/2023-2024/billengrossed/House/htm/2023-HEBS-5100.htm
House Substitute (H-1) And Amended https://legislature.mi.gov/mileg.aspx?page=CurrentVersionAmendment&cvFileName=2023-HCVBS-5100-0O409.pdf
Fiscal Note/Analysis - Revised Summary as Reported from Committee https://legislature.mi.gov/documents/2023-2024/billanalysis/House/pdf/2023-HLA-5099-A9B0C39F.pdf
Fiscal Note/Analysis - SUMMARY OF HOUSE-PASSED BILL IN COMMITTEE https://legislature.mi.gov/documents/2023-2024/billanalysis/Senate/pdf/2023-SFA-4368-L.pdf
BillText http://www.legislature.mi.gov/documents/2023-2024/billengrossed/House/htm/2023-HEBH-5100.htm
Fiscal Note/Analysis - Summary as Reported from Committee https://legislature.mi.gov/documents/2023-2024/billanalysis/House/pdf/2023-HLA-5099-EDC2991F.pdf
Fiscal Note/Analysis - Summary as Introduced https://legislature.mi.gov/documents/2023-2024/billanalysis/House/pdf/2023-HLA-5099-841E1804.pdf
BillText http://www.legislature.mi.gov/documents/2023-2024/billintroduced/House/htm/2023-HIB-5100.htm
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