SB584 — Individual income tax: withholding requirements; mandatory withholding requirement by pension administrators; make optional. Amends sec. 703 of 1967 PA 281 (MCL 206.703).

SB584 — Individual income tax: withholding requirements; mandatory withholding requirement by pension administrators; make optional. Amends sec. 703 of 1967 PA 281 (MCL 206.703). · Informed CitizenryThis bill amends the Income Tax Act of 1967 to change the withholding requirements for pension and annuity payments. Specifically, it modifies section 703 to change the requirement for pension admi…Open in Informed Citizenry