Bill
HB 4124
Corporate income tax: credits; credit for advanced small modular reactors research and development expenses; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding secs. 677a & 717a. TIE BAR WITH: HB 4127'25, HB 4129'25, HB 4125'25, HB 4126'25, HB 4128'25
2025-2026 Regular Session
Introduced by Greg Alexander and 16 co-sponsors
The bill creates 15% research tax credits for Michigan-based R&D on advanced nuclear reactors, offsetting corporate income tax and employer withholding.
REFERRED TO COMMITTEE ON ENERGY AND ENVIRONMENT