2023 House Bill 5376

Corporate income tax: business income; definition of federal taxable income and adjustments to income tax base; modify.

A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” by amending sections 607 and 623 (MCL 206.607 and 206.623), section 607 as amended by 2018 PA 38 and section 623 as amended by 2021 PA 135.

Introduced in the House

Nov. 14, 2023

Introduced by Rep. Luke Meerman (R-89) and five co-sponsors

Co-sponsored by Reps. Ann Bollin (R-49), Ken Borton (R-105), Gregory Alexander (R-98), David Prestin (R-108) and Gina Johnsen (R-78)

Referred to the Committee on Tax Policy