Bill > SB0117

This bill proposes to repeal significant portions of Michigan's income tax law, specifically Parts 1, 3, and 4 of the Income Tax Act of 1967, which cover individual income tax provisions. The bill modifies the existing law by changing the title to focus on "corporate income tax" and retaining language about how tax terms should be interpreted, essentially aligning with federal income tax definitions. By repealing these parts of the law, the bill effectively eliminates the current individual income tax structure in Michigan, which would represent a major change in the state's tax policy. The bill suggests that tax terms should be understood in the same context as federal income tax laws unless a different meaning is explicitly required, and it includes a provision that references the Internal Revenue Code and related federal income tax provisions. While the bill's title mentions "repeal of the personal income tax," the provided text focuses on the technical legal language of how this repeal would be implemented.

Budget and Finance

https://legislature.mi.gov/Bills/Bill?ObjectName=2025-SB-0117