HB6105 — Corporate income tax: rate; increasing of rate and revising the distribution of revenue collected; provide for. Amends secs. 623 & 695 of 1967 PA 281 (MCL 206.623 & 206.695).

HB6105 — Corporate income tax: rate; increasing of rate and revising the distribution of revenue collected; provide for. Amends secs. 623 & 695 of 1967 PA 281 (MCL 206.623 & 206.695). · Informed CitizenryHB6105 proposes to increase the corporate income tax rate from 6.0% to 10.0% beginning on October 1, 2025. The bill also modifies the distribution of corporate income tax revenue. Starting with the…Open in Informed Citizenry