SB852 — Corporate income tax: revenue distribution; redirection of funds from SOAR to bridge repair fund; provide for. Amends sec. 695 of 1967 PA 281 (MCL 206.695). TIE BAR WITH: SB 0853'24

SB852 — Corporate income tax: revenue distribution; redirection of funds from SOAR to bridge repair fund; provide for. Amends sec. 695 of 1967 PA 281 (MCL 206.695). TIE BAR WITH: SB 0853'24 · Informed CitizenryThis bill amends the Income Tax Act of 1967 to modify how corporate income tax revenue is distributed. For the 2022-2023 through 2024-2025 state fiscal years, it provides for up to $1.2 billion to…Open in Informed Citizenry