Bill
HB 4001
Individual income tax: retirement or pension benefits; limitations and restrictions on deductions of certain retirement or pension benefits, revenue distributions, earned income tax credit, rebate payments, rebate and revitalization and placemaking funds; revise, increase, and provide for. Amends title & secs. 30, 51, 272 & 695 of 1967 PA 281 (MCL 206.30 et seq.) & adds secs. 51h, 476 & 696.
2023-2024 Regular Session
Introduced by Abraham Aiyash and 45 co-sponsors
Michigan restricts retirement income tax deductions while expanding earned income credits and creating revitalization funds through redistributed revenues.
assigned PA 4'23
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