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SB557 • 2026

Corporate income tax: credits; research and development credit for certain businesses located in an aerospace defense zone; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding secs. 279 & 679.

Corporate income tax: credits; research and development credit for certain businesses located in an aerospace defense zone; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding secs. 279 & 679.

Taxes
Active

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

Sponsor
Michael Webber (District 9), Veronica Klinefelt (District 11), Mark E. Huizenga (District 30), Paul Wojno (District 10)
Last action
2025-09-18
Official status
REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
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: credits; research and development credit for certain businesses located in an aerospace defense zone; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding secs. 279 & 679.

Corporate income tax: credits; research and development credit for certain businesses located in an aerospace defense zone; provide for.

What This Bill Does

  • Corporate income tax: credits; research and development credit for certain businesses located in an aerospace defense zone; provide for.
  • Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding secs.
  • 279 & 679.

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. 2025-09-18 SJ 79 Pg. 960

    INTRODUCED BY SENATOR MICHAEL WEBBER

  2. 2025-09-18 SJ 79 Pg. 960

    REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

Official Summary Text

Corporate income tax: credits; research and development credit for certain businesses located in an aerospace defense zone; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding secs. 279 & 679.