SB 721 amends Michigan's Commercial Redevelopment Act to update property tax exemption rules for commercial facilities. It limits total exemption periods to 12 years (including extensions), requires local governments to document criteria for renewing exemptions, and extends the deadline for new exemptions from 2025 to 2035. The bill also allows the state treasurer to temporarily exclude up to half the education tax mills for qualifying facilities for up to 6 years to promote job growth, with a yearly cap of 45 such exclusions. Local governments must annually report on exemption impacts, including property values and job creation. This directly affects commercial businesses seeking tax benefits, local governments issuing exemptions, and state tax administration.
SB 301 establishes a corporate income tax credit for employers who offer paid leave to employees donating organs. Beginning in 2026, eligible employers can claim a credit equal to 100% of the wages paid to an employee during up to 12 weeks of organ donation leave. To qualify, this leave must be separate from other paid leave benefits and compensate the employee at their full normal wage. The credit is non-refundable but can be carried forward for up to three years to offset future tax liabilities.
SB 106 creates a special vehicle registration plate in Michigan that supports animal welfare. Vehicle owners who purchase this plate will contribute funds to a dedicated "Protecting Michigan's Pets Fund," managed by the state treasurer. The fund receives all plate sale proceeds and disburses money quarterly to the Michigan Pet Alliance to support spay/neuter programs and care for homeless/abused animals in shelters. This bill directly affects plate buyers and provides a new funding source for animal welfare organizations.
SB 609 creates a dedicated "industrial hemp fund" within Michigan's state treasury to manage fees and funding for the state's industrial hemp program. It specifies that fees from hemp licensing (under Section 511) and other sources must be deposited into this fund, with money carrying over annually instead of lapsing. The bill requires the state Department to administer the fund and use it to operate the hemp program, but sets a clear end date: all remaining funds must transfer to the agriculture licensing fund by October 1, 2026. This bill modifies the financial administration of Michigan's hemp program without changing hemp cultivation rules or directly affecting growers.
SB 26 amends Michigan's Natural Resources and Environmental Protection Act to clarify rules for public agencies managing municipal forestland sold under specific state land programs. It requires public agencies to use such land only for forestry or recreation, and if sold later, mandates a public hearing and specifies that 50% of sale proceeds must go to the state treasury (first $18 million to the general fund, excess to the fire protection fund). This directly affects public agencies like municipalities or school districts that own forestland previously acquired for recreational or forestry purposes. The bill updates procedural requirements for land sales and fund distribution without changing the core purpose of the land use.
This bill creates a state income tax credit for owners of mobile home parks who sell their property to current residents or resident associations starting in 2026. To receive the credit, which equals 15% of the sale price, the seller must submit proof that they provided required notice to potential buyers and include the final settlement statement with their tax return. The credit can be claimed by individual owners or by members of flow-through entities that own the park, but any unused portion of the credit cannot be refunded. The legislation also clarifies that the credit only applies to sales made to people already living in the park or to their governing cooperative.
This bill provides additional funding for capital projects managed by Michigan's Department of Natural Resources for the fiscal year ending September 30, 2026. The legislation establishes an appropriation act to allocate money for specific infrastructure and resource development initiatives within the department. It sets conditions for how the funds can be spent and ensures the appropriations are properly authorized for use during the designated fiscal period. The measure directly impacts state budget management and the operational capacity of natural resource agencies.
This bill establishes funding for fiscal year 2026-2027 to support construction, renovation, demolition, and equipment projects for state buildings and facilities. It directly affects state agencies, institutions of higher education, community colleges, and the state building authority by authorizing capital outlay expenditures. The legislation creates an appropriation act to provide the necessary financial resources for these infrastructure projects during the specified fiscal year.
SB 559 creates a new Revenue Sharing Trust Fund in Michigan's Department of Treasury, effective October 1, 2025. The fund will receive money from the general sales tax, donations, and investment earnings, with balances carrying over annually instead of lapsing. It mandates specific distributions: $299 million to cities, villages, and townships (based on prior eligibility regardless of new criteria), $261 million to counties (similarly based on prior eligibility), and remaining funds distributed through three formulas measuring taxable value, population type, and yield equalization. This directly affects all local governments in Michigan by changing how they receive state revenue-sharing payments.
SB 561 amends Michigan's sales tax law to change how revenue is distributed. It allocates 8.6% of the 4% general sales tax (starting October 1, 2025) to a new Revenue Sharing Trust Fund for distribution to cities, villages, townships, and counties. The bill also directs computer software sales tax revenue ($9-12 million annually) to the Michigan Health Initiative Fund and splits aviation fuel tax revenue (35% to the state aeronautics fund, 65% to airport funds). These changes affect local governments, public schools (via school aid fund allocations), airports, and health programs, without altering the overall tax rates.
