HB5978 — Corporate income tax: credits; aerospace and defense technology related research and development credit; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding secs. 277 & 677.

HB5978 — Corporate income tax: credits; aerospace and defense technology related research and development credit; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding secs. 277 & 677. · Informed CitizenryHB5978 amends the Income Tax Act of 1967 to establish new corporate income tax credits for research and development (R&D) expenses and the storage and maintenance of finished goods inventory. For t…Open in Informed Citizenry