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Bill

SB 557

Corporate income tax: credits; research and development credit for certain businesses located in an aerospace defense zone; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding secs. 279 & 679.

2025-2026 Regular Session Introduced by Mark Huizenga and 3 co-sponsors

Michigan bill creates R&D tax credits for aerospace defense businesses in designated zones to attract innovation investment and high-value manufacturing jobs.

REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
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