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SB573 • 2026

Corporate income tax: revenue distribution; distribution of revenue; modify. Amends sec. 51 of 1967 PA 281 (MCL 206.51); adds secs. 51a & 695a & repeals secs. 51d - 51f, 51h, 476 & 695 of 1967 PA 281 (MCL 206.51d - 206.51f, 206.51h, 206.476 & 206.695).

Corporate income tax: revenue distribution; distribution of revenue; modify. Amends sec. 51 of 1967 PA 281 (MCL 206.51); adds secs. 51a & 695a & repeals secs. 51d - 51f, 51h, 476 & 695 of 1967 PA 281 (MCL 206.51d - 206.51f, 206.51h, 206.476 & 206.695).

Taxes
Active

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Sponsor
Sam Singh (District 28)
Last action
2025-09-25
Official status
PLACED ON IMMEDIATE PASSAGE
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; distribution of revenue; modify. Amends sec. 51 of 1967 PA 281 (MCL 206.51); adds secs. 51a & 695a & repeals secs. 51d - 51f, 51h, 476 & 695 of 1967 PA 281 (MCL 206.51d - 206.51f, 206.51h, 206.476 & 206.695).

Corporate income tax: revenue distribution; distribution of revenue; modify.

What This Bill Does

  • Corporate income tax: revenue distribution; distribution of revenue; modify.
  • Amends sec.
  • 51 of 1967 PA 281 (MCL 206.51); adds secs.
  • 51a & 695a & repeals secs.

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.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

S-2

6

REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITH SUBSTITUTE (S-2)

Plain English: REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITH SUBSTITUTE (S-2) 6

  • The official amendment file could not be read automatically during the last sync, so only the official amendment metadata is shown right now.

Bill History

  1. 2025-09-25 SJ 82 Pg. 983

    DISCHARGE COMMITTEE APPROVED

  2. 2025-09-25 SJ 82 Pg. 984

    PLACED ON ORDER OF GENERAL ORDERS

  3. 2025-09-25 SJ 82 Pg. 984

    RULES SUSPENDED FOR IMMEDIATE CONSIDERATION

  4. 2025-09-25 SJ 82 Pg. 988

    REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITH SUBSTITUTE (S-2)

  5. 2025-09-25 SJ 82 Pg. 988

    SUBSTITUTE (S-2) CONCURRED IN

  6. 2025-09-25 SJ 82 Pg. 988

    PLACED ON ORDER OF THIRD READING WITH SUBSTITUTE (S-2)

  7. 2025-09-25 SJ 82 Pg. 989

    RULES SUSPENDED

  8. 2025-09-25 SJ 82 Pg. 989

    PLACED ON IMMEDIATE PASSAGE

  9. 2025-09-18 SJ 79 Pg. 962

    INTRODUCED BY SENATOR SAM SINGH

  10. 2025-09-18 SJ 79 Pg. 962

    REFERRED TO COMMITTEE ON APPROPRIATIONS

Official Summary Text

Corporate income tax: revenue distribution; distribution of revenue; modify. Amends sec. 51 of 1967 PA 281 (MCL 206.51); adds secs. 51a & 695a & repeals secs. 51d - 51f, 51h, 476 & 695 of 1967 PA 281 (MCL 206.51d - 206.51f, 206.51h, 206.476 & 206.695).