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HB4603 • 2026

Corporate income tax: rate; pay ratio surcharge for certain corporations; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 684.

Corporate income tax: rate; pay ratio surcharge for certain corporations; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 684.

Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Dylan Wegela (District 26), Jimmie Wilson (District 32), Emily Dievendorf (District 77), Laurie Pohutsky (District 17), Jason Morgan (District 23)
Last action
2025-06-11
Official status
bill electronically reproduced 06/10/2025
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Corporate income tax: rate; pay ratio surcharge for certain corporations; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 684.

Corporate income tax: rate; pay ratio surcharge for certain corporations; provide for.

What This Bill Does

  • Corporate income tax: rate; pay ratio surcharge for certain corporations; provide for.
  • Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec.
  • 684.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2025-06-11 HJ 56 Pg. 690

    bill electronically reproduced 06/10/2025

  2. 2025-06-10 HJ 55 Pg. 681

    introduced by Representative Rep. Dylan Wegela

  3. 2025-06-10 HJ 55 Pg. 681

    read a first time

  4. 2025-06-10 HJ 55 Pg. 681

    referred to Committee on Economic Competitiveness

Official Summary Text

Corporate income tax: rate; pay ratio surcharge for certain corporations; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 684.