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MI SB0641
MI SB0641Economic development: other; revenue division of department of treasury; amend to reflect elimination of the Michigan strategic fund. Amends sec. 28 of 1941 PA 122 (MCL 205.28). TIE BAR WITH: SB 0631'25
summary
Introduced
10/30/2025
10/30/2025
In Committee
10/30/2025
10/30/2025
Crossed Over
Passed
Dead
Introduced Session
103rd Legislature
Bill Summary
A bill to amend 1941 PA 122, entitled"An act to establish the revenue collection duties of the department of treasury; to prescribe its powers and duties as the revenue collection agency of this state; to prescribe certain powers and duties of the state treasurer; to establish the collection duties of certain other state departments for money or accounts owed to this state; to regulate the importation, stamping, and disposition of certain tobacco products; to provide for the transfer of powers and duties now vested in certain other state boards, commissions, departments, and offices; to prescribe certain duties of and require certain reports from the department of treasury; to provide procedures for the payment, administration, audit, assessment, levy of interests or penalties on, and appeals of taxes and tax liability; to prescribe its powers and duties if an agreement to act as agent for a city to administer, collect, and enforce the city income tax act on behalf of a city is entered into with any city; to provide an appropriation; to abolish the state board of tax administration; to prescribe penalties and provide remedies; and to declare the effect of this act,"by amending section 28 (MCL 205.28), as amended by 2023 PA 102.
AI Summary
This bill amends an existing law concerning revenue collection duties of the Michigan Department of Treasury, primarily focusing on updating references to the Michigan Strategic Fund and making minor technical corrections. The bill modifies section 28 of the original act, making several small changes such as replacing certain prepositions (changing "upon" to "on" in multiple instances) and updating references to legislative acts. Specifically, the bill removes several subsections related to disclosing information about Michigan business tax credits and replaces a reference to the Michigan Strategic Fund Act with a reference to the "economic development fair competition and free enterprise act." The bill maintains existing provisions about tax administration confidentiality, including strict rules about when and how tax-related information can be disclosed, with penalties for unauthorized disclosure including potential fines up to $5,000 and imprisonment for up to 5 years. Notably, the bill is tie-barred to Senate Bill 631, meaning it will only take effect if that companion bill is also enacted into law. The changes appear to be primarily technical in nature, aimed at updating statutory language and references to reflect recent organizational changes in state government.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Referred To Committee On Government Operations (on 10/30/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://legislature.mi.gov/Bills/Bill?ObjectName=2025-SB-0641 |
| BillText | https://legislature.mi.gov/documents/2025-2026/billintroduced/Senate/htm/2025-SIB-0641.htm |
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