Taxation: administration; disclosure of insurance-relevant information to the department of insurance and financial services; allow. Amends sec. 28 of 1941 PA 122 (MCL 205.28).

HB 6232 amends Michigan's tax administration laws to allow the Department of Treasury to share specific information found on state income tax returns with the Department of Insurance and Financial Services. This change enables the insurance department to access data relevant to insurance matters, such as details about life insurance policies or annuities held by taxpayers. The bill does not create new taxes or change tax rates but rather clarifies the conditions under which tax records can be disclosed to other state agencies for regulatory purposes.