SB557 — Corporate income tax: credits; research and development credit for certain businesses located in an aerospace defense zone; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding secs. 279 & 679.

SB557 — Corporate income tax: credits; research and development credit for certain businesses located in an aerospace defense zone; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding secs. 279 & 679. · Informed CitizenryThis bill proposes to amend the Income Tax Act of 1967 to establish new corporate income tax credits for businesses located in or relocating to Michigan's aerospace defense zones. For tax years beg…Open in Informed Citizenry