SB555 — Individual income tax: revenue distributions; earmark for MiAble fund; provide for. Amends sec. 51 of 1967 PA 281 (MCL 206.51). TIE BAR WITH: SB 556'25

SB555 — Individual income tax: revenue distributions; earmark for MiAble fund; provide for. Amends sec. 51 of 1967 PA 281 (MCL 206.51). TIE BAR WITH: SB 556'25 · Informed CitizenrySB 555 amends the Income Tax Act of 1967 to modify how individual income tax revenue is distributed and how certain tax rates are calculated. Specifically, the bill provides for a new distribution…Open in Informed Citizenry