HB4367 — Corporate income tax: credits; credit for qualified research and development expenses; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 672. TIE BAR WITH: HB 4368'23

HB4367 — Corporate income tax: credits; credit for qualified research and development expenses; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 672. TIE BAR WITH: HB 4368'23 · Informed CitizenryThis bill amends the Income tax act by adding section 672, which establishes a credit for research and development expenses incurred in Michigan. For tax years beginning on or after January 1, 2023…Open in Informed Citizenry