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HB5131 • 2026

Individual income tax: deductions; capital gains from sale or exchange of investment coins and bullion; provide for. Amends sec. 30 of 1967 PA 281 (MCL 206.30). TIE BAR WITH: HB 5129'25, HB 5130'25

Individual income tax: deductions; capital gains from sale or exchange of investment coins and bullion; provide for. Amends sec. 30 of 1967 PA 281 (MCL 206.30). TIE BAR WITH: HB 5129'25, HB 5130'25

Taxes
Active

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

Sponsor
Tim Kelly (District 93), James DeSana (District 29), Joseph Fox (District 101), Joseph Pavlov (District 64), Steve Carra (District 36)
Last action
2025-10-28
Official status
bill electronically reproduced 10/23/2025
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.

Individual income tax: deductions; capital gains from sale or exchange of investment coins and bullion; provide for. Amends sec. 30 of 1967 PA 281 (MCL 206.30). TIE BAR WITH: HB 5129'25, HB 5130'25

Individual income tax: deductions; capital gains from sale or exchange of investment coins and bullion; provide for.

What This Bill Does

  • Individual income tax: deductions; capital gains from sale or exchange of investment coins and bullion; provide for.
  • Amends sec.
  • 30 of 1967 PA 281 (MCL 206.30).
  • TIE BAR WITH: HB 5129'25, HB 5130'25

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. 2025-10-28 HJ 103 Pg. 0

    bill electronically reproduced 10/23/2025

  2. 2025-10-23 HJ 102 Pg. 1696

    introduced by Representative Rep. Tim Kelly

  3. 2025-10-23 HJ 102 Pg. 1696

    read a first time

  4. 2025-10-23 HJ 102 Pg. 1696

    referred to Committee on Finance

Official Summary Text

Individual income tax: deductions; capital gains from sale or exchange of investment coins and bullion; provide for. Amends sec. 30 of 1967 PA 281 (MCL 206.30). TIE BAR WITH: HB 5129'25, HB 5130'25