2014 House Bill 5256

Exempt certain pension income from state income tax

Introduced in the House

Jan. 28, 2014

Introduced by Rep. Peter MacGregor (R-73)

To revise the provision of Gov. Rick Snyder's <a href="http://www.michiganvotes.org/2011-HB-4361">tax reform and business tax cut</a> that partially eliminated some income tax exemptions for pension income. The bill would expand the law’s age-based pension income exemptions by eliminating restrictions based on the year a person was born.

Referred to the Committee on Tax Policy