SB151 — Individual income tax: rate; rollback of rate to 3.9%; provide for. Amends sec. 51 of 1967 PA 281 (MCL 206.51).

SB151 — Individual income tax: rate; rollback of rate to 3.9%; provide for. Amends sec. 51 of 1967 PA 281 (MCL 206.51). · Informed CitizenrySB151 amends the Income Tax Act of 1967 to establish a specific schedule for the individual income tax rate. The bill sets the tax rate at 4.05% for tax years beginning between January 1, 2023, and…Open in Informed Citizenry