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Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

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SB417 • 2026

Corporate income tax: revenue distribution; earmark for the beverage container handling fund; provide for. Amends sec. 695 of 1967 PA 281 (MCL 206.695). TIE BAR WITH: SB 416'25

Corporate income tax: revenue distribution; earmark for the beverage container handling fund; provide for. Amends sec. 695 of 1967 PA 281 (MCL 206.695). TIE BAR WITH: SB 416'25

Taxes
Active

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

Sponsor
Sean McCann (District 19)
Last action
2025-06-12
Official status
REFERRED TO COMMITTEE ON ENERGY AND ENVIRONMENT
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: revenue distribution; earmark for the beverage container handling fund; provide for. Amends sec. 695 of 1967 PA 281 (MCL 206.695). TIE BAR WITH: SB 416'25

Corporate income tax: revenue distribution; earmark for the beverage container handling fund; provide for.

What This Bill Does

  • Corporate income tax: revenue distribution; earmark for the beverage container handling fund; provide for.
  • Amends sec.
  • 695 of 1967 PA 281 (MCL 206.695).
  • TIE BAR WITH: SB 416'25

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. 2025-06-12 SJ 55 Pg. 703

    INTRODUCED BY SENATOR SEAN MCCANN

  2. 2025-06-12 SJ 55 Pg. 703

    REFERRED TO COMMITTEE ON ENERGY AND ENVIRONMENT

Official Summary Text

Corporate income tax: revenue distribution; earmark for the beverage container handling fund; provide for. Amends sec. 695 of 1967 PA 281 (MCL 206.695). TIE BAR WITH: SB 416'25