HB6217 — Corporate income tax: rate; rate increase and earmark of increased revenue to school aid fund; provide for. Amends secs. 623 & 695 of 1967 PA 281 (MCL 206.623 & 206.695).

HB6217 — Corporate income tax: rate; rate increase and earmark of increased revenue to school aid fund; provide for. Amends secs. 623 & 695 of 1967 PA 281 (MCL 206.623 & 206.695). · Informed CitizenryHB6217 proposes to increase the corporate income tax rate from 6.0% to 8.5% beginning on January 1, 2025. The bill also amends the distribution of corporate income tax revenue. Starting with the 20…Open in Informed Citizenry