HB5577 — Individual income tax: deductions; capital gains from sale or exchange of investment coins and bullion; provide for. Amends sec. 30 of 1967 PA 281 (MCL 206.30).

HB5577 — Individual income tax: deductions; capital gains from sale or exchange of investment coins and bullion; provide for. Amends sec. 30 of 1967 PA 281 (MCL 206.30). · Informed CitizenryHouse Bill 5577 amends the Income Tax Act of 1967 to modify the calculation of taxable income for individuals. Specifically, it adds a new provision for the 2024 tax year (and subsequent years) to…Open in Informed Citizenry