Bill
HB 5292
Corporate income tax: credits; ability to claim certain certificated credits against corporate income tax liability; provide for, and repeal Michigan business tax act. Amends secs. 605 & 680 of 1967 PA 281 (MCL 206.605 & 206.680); adds sec. 670 & repeals 2007 PA 36 (MCL 208.1101 - 208.1519). TIE BAR WITH: HB 5293'25
2025-2026 Regular Session
Introduced by Sarah Lightner and 1 co-sponsor
Allows remaining MBT certificated credits to reduce Michigan corporate income tax (2026-2035), with 10-year installments and refunds if credit exceed liability, plus 95% job retent
bill electronically reproduced 11/13/2025