SB1 — Individual income tax: retirement or pension benefits; limitations and restrictions on deductions of certain retirement or pension benefits and revenue distribution to state school aid fund; revise. Amends secs. 30 & 51 of 1967 PA 281 (MCL 206.30 & 206.51).

SB1 — Individual income tax: retirement or pension benefits; limitations and restrictions on deductions of certain retirement or pension benefits and revenue distribution to state school aid fund; revise. Amends secs. 30 & 51 of 1967 PA 281 (MCL 206.30 & 206.51). · Informed CitizenryThis bill amends the Income Tax Act of 1967 to modify rules regarding individual income tax, specifically concerning retirement and pension benefits, personal exemptions, and state school aid fund…Open in Informed Citizenry