Bill
HB 4737
Corporate income tax: rate; incremental rollback of rate to 4.25%; provide for. Amends sec. 623 of 1967 PA 281 (MCL 206.623).
2025-2026 Regular Session
Introduced by Steve Carra and 8 co-sponsors
Michigan cuts corporate income tax from 6.0% to 4.25% by Oct 1, 2030, phased in over years, reducing state revenue as businesses pay lower taxes.
bill electronically reproduced 07/15/2025