HB5768 — Corporate income tax: revenue distribution; revenue distributions; modify. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 695a & repeals sec. 695 of 1967 PA 281 (MCL 206.695). TIE BAR WITH: SB 0559'23, SB 0562'23, HB 5770'24, HB 5769'24

HB5768 — Corporate income tax: revenue distribution; revenue distributions; modify. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 695a & repeals sec. 695 of 1967 PA 281 (MCL 206.695). TIE BAR WITH: SB 0559'23, SB 0562'23, HB 5770'24, HB 5769'24 · Informed CitizenryThis bill amends the Income Tax Act of 1967 to establish a specific distribution schedule for corporate income tax revenue starting in the 2025-2026 state fiscal year through the 2034-2035 state fi…Open in Informed Citizenry