SB1072 — Individual income tax: revenue distributions; earmark to 21st century jobs trust fund for the Michigan innovation fund program; provide for. Amends sec. 695 of 1967 PA 281 (MCL 206.695) & adds sec. 51i. TIE BAR WITH: SB 1073'26

SB1072 — Individual income tax: revenue distributions; earmark to 21st century jobs trust fund for the Michigan innovation fund program; provide for. Amends sec. 695 of 1967 PA 281 (MCL 206.695) & adds sec. 51i. TIE BAR WITH: SB 1073'26 · Informed CitizenryThis bill amends the Income Tax Act of 1967 to establish specific revenue distributions from the individual income tax. It mandates that, beginning with the 2026-2027 state fiscal year through the…Open in Informed Citizenry