HB4737 — Corporate income tax: rate; incremental rollback of rate to 4.25%; provide for. Amends sec. 623 of 1967 PA 281 (MCL 206.623).

HB4737 — Corporate income tax: rate; incremental rollback of rate to 4.25%; provide for. Amends sec. 623 of 1967 PA 281 (MCL 206.623). · Informed CitizenryThis bill amends Section 623 of the Income Tax Act of 1967 to establish a phased reduction of the corporate income tax rate in Michigan. The rate is set to decrease from 6.0% for business activity…Open in Informed Citizenry