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HB5973 • 2026

Individual income tax: deductions; sunset on deductions for contributions to a first-time home buyer savings account; extend. Amends sec. 30 of 1967 PA 281 (MCL 206.30). TIE BAR WITH: HB 5967'26

Individual income tax: deductions; sunset on deductions for contributions to a first-time home buyer savings account; extend. Amends sec. 30 of 1967 PA 281 (MCL 206.30). TIE BAR WITH: HB 5967'26

Taxes
Active

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

Sponsor
Cameron Cavitt (District 106)
Last action
2026-05-14
Official status
bill electronically reproduced 05/13/2026
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; sunset on deductions for contributions to a first-time home buyer savings account; extend. Amends sec. 30 of 1967 PA 281 (MCL 206.30). TIE BAR WITH: HB 5967'26

Individual income tax: deductions; sunset on deductions for contributions to a first-time home buyer savings account; extend.

What This Bill Does

  • Individual income tax: deductions; sunset on deductions for contributions to a first-time home buyer savings account; extend.
  • Amends sec.
  • 30 of 1967 PA 281 (MCL 206.30).
  • TIE BAR WITH: HB 5967'26

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. 2026-05-14 HJ 37 Pg. 0

    bill electronically reproduced 05/13/2026

  2. 2026-05-13 HJ 36 Pg. 0

    introduced by Representative Rep. Cam Cavitt

  3. 2026-05-13 HJ 36 Pg. 0

    read a first time

  4. 2026-05-13 HJ 36 Pg. 0

    referred to Committee on Regulatory Reform

Official Summary Text

Individual income tax: deductions; sunset on deductions for contributions to a first-time home buyer savings account; extend. Amends sec. 30 of 1967 PA 281 (MCL 206.30). TIE BAR WITH: HB 5967'26