Budget & Taxes

in committee · Michigan · Senate May 7, 2026

SB 945: State management: funds; interest earned from money in the countercyclical budget and economic stabilization fund; deposit into the child care payment fund. Amends sec. 351 of 1984 PA 431 (MCL 18.1351). TIE BAR WITH: SB 0946'26

This bill directs the state treasurer to move all interest earned from the countercyclical budget and economic stabilization fund into the child care payment fund. The law requires that interest accumulated between fiscal year 2024 and the bill's effective date be deposited within 90 days, while all future interest must go to the child care fund immediately. These funds are intended to support child care services in Michigan by utilizing earnings from the state's economic stabilization reserve. The legislation is currently tied to Senate Bill 946, meaning it will not become active unless that companion bill is also passed.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill directs interest earnings from a stabilization fund to fund child care services, increasing resources for a public program.95% confidence

Sub-Topics State Budget

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in committee · Michigan · Senate May 20, 2026

SB 983: Taxation: hotel-motel; excise tax on rentals of accommodations; allow local units of government to levy. Creates new act.

This bill allows Michigan cities, villages, and townships to vote on whether to impose a 3% excise tax on short-term rentals of accommodations to guests staying fewer than 30 days. If approved by local voters, the tax would be collected by either the property owner or online booking platforms and administered by the state Department of Treasury. The law requires local governments to publicly report how much tax revenue they collect and how they spend it, while also establishing a process for the state to withhold funds if a locality fails to submit these reports.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill authorizes local governments to levy a new excise tax on short-term rentals, increasing state and local revenue.90% confidence

Sub-Topics Revenue Sales Tax

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in committee · Michigan · House May 21, 2026

HB 6001: Property tax: other; online property tax calculator; require the department to provide. Amends 1893 PA 206 (MCL 211.1 - 211.155) by adding sec. 42c.

This bill requires Michigan's Department of Treasury and the Department of Technology, Management, and Budget to create and maintain a free online tool for property taxpayers. The tool will allow individuals and businesses to estimate their property taxes and compare millage rates across different local areas in the state. By enabling users to input a street address for calculations, the calculator aims to provide clearer transparency regarding how property taxes are determined. The new requirement will take effect 180 days after the bill becomes law.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill promotes fiscal transparency by requiring an online property tax calculator, helping taxpayers understand and compare tax burdens.85% confidence

Sub-Topics Property Tax

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in committee · Michigan · House May 21, 2026

HB 5997: Individual income tax: property tax credit; homestead property tax credit; increase, and modify income threshold. Amends secs. 520 & 522 of 1967 PA 281 (MCL 206.520 & 206.522).

This bill proposes changes to Michigan's individual income tax law by adjusting the income limits for the property tax credit and the homestead property tax credit. Specifically, it seeks to increase the income thresholds that determine eligibility for these credits, which are financial benefits designed to help homeowners offset their property tax bills. The legislation directly affects Michigan residents who claim these credits on their state tax returns, as it would alter the income levels required to qualify for them. By amending specific sections of the state's Income Tax Act, the bill aims to modify how much income a taxpayer can earn while still receiving these tax reductions.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill increases income thresholds for property tax credits, providing tax relief to homeowners and protecting lower/middle-income residents from higher tax burdens.90% confidence ✓ HousingSupports HousingBill increases income thresholds for property tax credits, expanding financial relief for homeowners and enhancing housing affordability.85% confidence

Sub-Topics Income Tax Property Tax Tax Credits Property Taxes

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in committee · Michigan · House Apr 15, 2026

HB 5776: Property tax: exemptions; exemption of certain facilities of a public university; prohibit if used solely to operate a data center. Amends sec. 7n of 1893 PA 206 (MCL 211.7n).

This bill modifies Michigan's property tax laws to exclude certain university data centers from tax exemptions. It specifically targets public universities, defined as those receiving state school aid, by removing their tax-free status for facilities used solely to operate data centers. The legislation defines a data center as a building housing infrastructure for third-party commercial data processing. This change directly affects public universities in Michigan that currently rely on property tax exemptions for their data center operations.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill removes tax exemptions for university data centers, increasing state revenue and promoting fiscal responsibility.90% confidence ✗ EducationOpposes EducationBill removes tax exemptions for public university data centers, effectively increasing costs and reducing resources for higher education institutions.85% confidence ✗ TechnologyOpposes TechnologyBill removes tax exemptions for university data centers, increasing operational costs and potentially limiting access to affordable cloud computing and digital infrastructure for research and education.85% confidence

Sub-Topics Property Tax Higher Education

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in committee · Michigan · House May 21, 2026

HB 5999: Property tax: exemptions; poverty exemption; modify. Amends sec. 7u of 1893 PA 206 (MCL 211.7u).

This bill modifies Michigan's property tax law to expand exemptions for homeowners who cannot pay taxes due to poverty. To qualify, individuals must own and live in their primary residence, file an annual claim with required income documentation, and meet specific financial thresholds based on federal poverty guidelines or fixed income limits like Social Security. Local officials will determine eligibility using clear income and asset criteria, granting either full or partial tax reductions depending on the applicant's situation. The legislation also allows certain residents with fixed incomes to keep their exemption for up to three years without reapplying, provided their financial status remains unchanged.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill expands property tax exemptions for low-income homeowners, providing tax relief and reducing the financial burden on vulnerable populations.90% confidence ✓ HousingSupports HousingBill expands property tax exemptions for homeowners facing poverty, reducing financial barriers and protecting access to affordable housing.90% confidence

Sub-Topics Property Tax Property Taxes

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in committee · Michigan · House Apr 21, 2026

HB 5799: Economic development: Michigan strategic fund; community development tax credit program; establish and administer. Amends secs. 7 & 9 of 1984 PA 270 (MCL 125.2007 & 125.2009). TIE BAR WITH: HB 5798'26, HB 5809'26

This bill updates the Michigan Strategic Fund Act to expand the powers and duties of the Michigan Economic Development Corporation (MEDC). It allows the fund to establish and operate a job training program for workers and a brownfield historic investment program for specific capital projects. Additionally, the legislation clarifies the fund's authority to issue bonds for a special entity dedicated to settling a specific legal claim against the state. These changes aim to provide the MEDC with clearer legal tools to manage grants, loans, and investments while pursuing economic development goals.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill expands MEDC powers to fund job training and brownfield projects, advancing economic development and state budget utilization.85% confidence ✓ HousingSupports HousingBill explicitly includes 'housing development authority' as a subject and funds brownfield historic investment programs, which can facilitate housing development.65% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill expands MEDC powers to establish a job training program for workers, directly advancing workforce development and employment standards.75% confidence

Sub-Topics Tax Credits Tax Incentives Community Development Property Development Workforce Development Tags Economic Development

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in committee · Michigan · House Apr 23, 2026

HB 5856: Property tax: exemptions; HOPE zone exemption; provide for. Amends sec. 7ff of 1893 PA 206 (MCL 211.7ff). TIE BAR WITH: HB 5852'26

HB 5856 amends Michigan's property tax laws to establish tax exemptions for properties located in designated Renaissance and HOPE zones, aiming to encourage economic development in those areas. The bill allows real and personal property in these zones to be exempt from general property taxes, though it explicitly excludes special assessments, debt-related taxes, school taxes, and properties associated with casinos from these exemptions. Additionally, the legislation includes specific requirements for residential rental properties to be in compliance with local building and zoning codes to qualify for the tax break, while also creating a new exemption category for eligible data center properties in Renaissance zones approved in 2016.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes property tax exemptions for Renaissance and HOPE zones to encourage economic development, providing fiscal relief and stimulating local investment.85% confidence

Sub-Topics Property Tax Tax Incentives Tags Economic Development

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in committee · Michigan · House Apr 23, 2026

HB 5867: Economic development: tax increment financing; HOPE zone exemption; provide for. Amends secs. 201, 301, 402, 523, 602, 702 & 802 of 2018 PA 57 (MCL 125.4201 et seq.). TIE BAR WITH: HB 5852'26

This bill amends Michigan's Tax Increment Financing (TIF) Act to update definitions and clarify how property values are calculated for downtown development projects. It specifically changes the definition of "captured assessed value" to exclude properties within HOPE zones that are already exempt from property taxes, ensuring these areas are not double-counted in financial projections. Additionally, the legislation refines the definition of "catalyst development project" to require a minimum of $300 million in capital investment for projects in municipalities with populations over 600,000. These changes directly affect local governments, development authorities, and private entities involved in financing and managing urban redevelopment initiatives.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill clarifies TIF definitions to prevent double-counting of tax-exempt properties, improving fiscal accuracy and protecting public funds for downtown development.75% confidence

Sub-Topics Property Tax Tax Incentives Tags Economic Development

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in committee · Michigan · Senate Apr 23, 2026

SB 924: Individual income tax: credit; community development tax credit; create. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding secs. 279 & 678. TIE BAR WITH: SB 0923'26, SB 0925'26

This bill creates a new state tax credit program to encourage private investment in community development projects across Michigan. It allows taxpayers who invest in eligible properties, such as historic sites, rural areas, or low-income census tracts, to receive a credit equal to 25% to 50% of their investment costs. To qualify, applicants must demonstrate local support, show the project is financially sound, and prove it will revitalize blighted or vacant areas. The program includes strict timelines for securing financing and completing construction, with a total annual funding cap of $200 million that must be at least 30% allocated to housing projects.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates tax credits to encourage private investment in community development, promoting economic growth and revitalizing blighted areas.85% confidence ✓ HousingSupports HousingBill creates tax credits to encourage private investment in community development, including low-income areas and blighted properties, which can fund affordable housing projects.75% confidence

Sub-Topics Income Tax Tax Credits Tax Incentives Community Development Property Development Tags Economic Development

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