HB5101 — Individual income tax: credit; research and development credit for certain small employers; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 717.

HB5101 — Individual income tax: credit; research and development credit for certain small employers; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 717. · Informed CitizenryThis bill proposes to create a research and development (R&D) tax credit for certain small employers in Michigan, starting in tax years beginning on or after January 1, 2025. The credit is availabl…Open in Informed Citizenry