Individual income tax: revenue distributions; earmark of withholding tax capture revenues attributable to certain employees into the workforce development HOPE zone fund; provide for. Amends sec. 51f of 1967 PA 281 (MCL 206.51f). TIE BAR WITH: HB 5852'26

This bill directs a specific portion of Michigan's individual income tax revenue to the Workforce Development HOPE Zone Fund. The funds are designated for employees working within designated HOPE zones and are intended to be distributed to qualified workforce development organizations through formal agreements. The legislation defines key terms such as "HOPE zone" and "qualified workforce development organization" by referencing existing state laws. The bill will only take effect if it is passed alongside a companion bill, HB 5852.