Individual income tax: revenue distributions; earmark of withholding tax capture revenues into the more jobs for Michigan fund; provide for. Amends secs. 51f & 711 of 1967 PA 281 (MCL 206.51f & 206.711).
SB 472 redirects specific income tax revenues toward job creation programs. It requires that portions of withholding tax collected from businesses with "certified new jobs" (new positions) or "protected jobs" (existing positions) be deposited into two dedicated funds: the "Good Jobs for Michigan Fund" and the "More Jobs for Michigan Fund." Businesses participating in Michigan's strategic job programs must now separately report the tax amounts tied to these certified jobs on their annual tax filings. This affects employers with agreements under Michigan's job creation initiatives, ensuring targeted tax revenue flows directly to support workforce development.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jun 2025
Committee Review
Floor Vote
Governor
Introduced Jun 26, 2025
Last action Dec 17, 2025
Maddy AI version diff · 1 comparison
What changed between versions
Senate Introduced Bill
→
Substitute (S-1)
·
5 edits
MODERATE
The bill was converted from an original introduction to a substitute version, which involved significant reorganization of text and the addition of new reporting requirements for community college agreements. The most substantive change is the update of the bill's effective date, now requiring Senate Bill 473 to be passed before this bill takes effect. Additionally, a new clause was added to mandate that employers entering specific community college agreements must separately report withheld taxes paid to the college on their annual returns.
Scope change
The bill's scope regarding community college tax agreements was expanded to include specific reporting requirements, while the overall applicability of the withholding tax provisions remains consistent with the original draft.
REQUIREMENT
Employers with agreements to pay taxes to community colleges must now delineate the portion of withheld taxes paid to the college on their annual tax reports.
A new provision was added stating that withholding agents must rely on employee-provided information unless directed otherwise by the department.
TIMELINE
The effective date condition was changed to require the enactment of Senate Bill 473 before this bill becomes law.
TECHNICAL
The text underwent extensive reordering and formatting changes, including the removal of the original introduction date and the insertion of new line items in the funding sections.
DEFINITION
The specific MCL statute citations for the 'more jobs for Michigan fund' were updated to reflect new sections (125.2090z and 125.2090z).
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
3
Committee
5
Dec 17, 2025
Committee
REFERRED TO COMMITTEE OF THE WHOLE WITH SUBSTITUTE (S-1)
upper
Dec 17, 2025
Upper · Passed
REPORTED FAVORABLY WITH SUBSTITUTE (S-1) 12/16/2025
upper
Dec 2, 2025
Upper · Passed
REASSIGNED TO COMMITTEE ON REGULATORY AFFAIRS
upper
Dec 2, 2025
Upper · Passed
DISCHARGE COMMITTEE APPROVED
upper
Jun 26, 2025
Committee
REFERRED TO COMMITTEE ON GOVERNMENT OPERATIONS
upper
Jun 26, 2025
Introduced
INTRODUCED BY SENATOR SAM SINGH
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Sam Singh
DDemocratic
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