Bill
Bill > HB5101
MI HB5101
MI HB5101Individual income tax: credit; research and development credit for certain small employers; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 717.
summary
Introduced
10/05/2023
10/05/2023
In Committee
03/19/2024
03/19/2024
Crossed Over
11/13/2024
11/13/2024
Passed
12/31/2024
12/31/2024
Dead
Signed/Enacted/Adopted
12/31/2024
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 717.
Committee Categories
Business and Industry
Sponsors (14)
Julie Rogers (D)*,
Joey Andrews (D),
Erin Byrnes (D),
Jennifer Conlin (D),
Kristian Grant (D),
Rachel Hood (D),
Jason Hoskins (D),
Jaz Martus (D),
Christine Morse (D),
Amos O'Neal (D),
Laurie Pohutsky (D),
Ranjeev Puri (D),
Carrie Rheingans (D),
Penelope Tsernoglou (D),
Last Action
Assigned Pa 187'24 (on 12/31/2024)
Official Document
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