Budget & Taxes

in committee · Michigan · House Apr 23, 2025

HB 4372: Taxation: specific tax; specific tax on certain property of senior citizens; provide for. Creates new act. TIE BAR WITH: HB 4379'25

House Bill 4372 proposes a new tax system for principal residences owned and occupied by senior citizens (age 65 and older) in Michigan, effective after December 31, 2025. It would exempt these properties from the existing general property taxes. In their place, the bill levies a new "senior citizens principal residence specific tax." This new tax would be calculated at 50% of the amount that would otherwise be assessed under the general property tax act. The bill's enactment is tied to the passage of House Bill 4379.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax relief to seniors by replacing general property tax with 50% specific tax, reducing their burden per tax relief indicator for lower-income groups.95% confidence

Sub-Topics Property Tax

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in committee · Michigan · House Apr 23, 2025

HB 4373: Property tax: exemptions; exemption from state education tax for certain residential property and certain agricultural property; provide for. Amends secs. 2 & 3 of 1993 PA 331 (MCL 211.902 & 211.903).

House Bill 4373 proposes to amend the State Education Tax Act by creating new property tax exemptions. Beginning in 2026, the bill would exempt residential real property from the state education tax. It would also exempt certain qualified agricultural property that includes a single-family dwelling, provided the owner actively uses the land for agriculture and has not claimed a principal residence exemption on other property. This change directly affects owners of qualifying residential and agricultural properties by removing their obligation to pay the state education tax.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates tax exemptions for residential and agricultural property owners, reducing state education tax burden and providing tax relief per support indicators.95% confidence ✗ EducationOpposes EducationBill exempts residential/agricultural property from state education tax, reducing dedicated funding for schools starting 2026.95% confidence

Sub-Topics Property Tax

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in committee · Michigan · House Apr 23, 2025

HB 4370: Individual income tax: credit; credit for sales and use tax paid for textbooks purchased by eligible students; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 281.

House Bill 4370 proposes a new individual income tax credit for Michigan taxpayers, directly affecting eligible students and their families. Beginning in tax year 2026, taxpayers could claim a credit equal to the sales or use tax paid on textbooks purchased for themselves or their dependents. To qualify, the student must be enrolled in an eligible Michigan institution and meet specific financial aid criteria, such as being a Federal Pell Grant recipient or a professional/graduate student who would have been Pell-eligible based on financial need. Any portion of the credit that exceeds a taxpayer's liability would be refunded.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit for textbook sales tax paid by eligible students/families, offering direct tax relief to lower/middle-income households through individual income tax credit.95% confidence ✓ EducationSupports EducationProvides tax credit for textbook purchases, reducing financial barriers for higher education students meeting Pell Grant criteria, directly supporting educational access and affordability.85% confidence

Sub-Topics Tax Credits Student Financial Aid

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in committee · Michigan · House May 7, 2025

HB 4430: Individual income tax: credit; credit for certain qualified dependents; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 281.

HB 4430 would amend Michigan's Income Tax Act to create a new refundable income tax credit for taxpayers. This credit would be available for each "qualified dependent" claimed by the taxpayer. A qualified dependent must be between 5 and 18 years old, not enrolled in a public school, and demonstrate proficiency in reading and math for their grade level. The credit amount would be equal to the state's "target foundation allowance" for the relevant school year.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates refundable tax credit for dependents, reducing tax burden for eligible families and aligning with tax relief indicators for middle-income households.95% confidence

Sub-Topics Tax Credits

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in committee · Michigan · House May 7, 2025

HB 4443: Taxation: specific tax; specific tax on certain homesteads of disabled veterans and their surviving spouses; provide for. Creates new act. TIE BAR WITH: HB 4444'25

House Bill 4443 establishes a new "disabled veteran's homestead specific tax" on properties currently exempt from general property taxes. Beginning January 1, 2026, this tax will apply to homesteads owned by disabled veterans or their surviving spouses. The tax amount is calculated based on what would have been owed in general property taxes, then discounted (reduced) according to the veteran's disability severity rating, potentially reducing the tax to zero for those with the highest disability ratings. Unpaid specific taxes are subject to the same forfeiture and foreclosure processes as delinquent general property taxes.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax relief for disabled veterans via discounted homestead tax, reducing effective burden on qualifying properties while maintaining revenue neutrality for others.95% confidence ✓ VeteransSupports VeteransCreates tiered tax relief for disabled veterans' homesteads, reducing or eliminating taxes based on disability severity, advancing tax benefits for veterans.95% confidence

Sub-Topics Property Tax Veteran Employment Veteran Healthcare Veteran Housing

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in committee · Michigan · House May 13, 2025

HB 4488: Individual income tax: credit; working parent tax credit for certain dependents; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 272a.

House Bill 4488 proposes a new refundable working parent tax credit for Michigan taxpayers, effective for tax years beginning on or after January 1, 2025. The bill would allow a credit of $5,000 for each qualified dependent who is three years of age or less, up to a maximum of three dependents per tax year. To be eligible, a taxpayer must have at least $10,000 in earned income for the tax year. If the credit exceeds the taxpayer's income tax liability, the remaining amount would be refunded.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides refundable tax credit ($5,000 per qualifying dependent) for low-income working parents, reducing tax burden for middle/lower income families as explicitly stated in the bill's purpose.95% confidence

Sub-Topics Tax Credits

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in committee · Michigan · House May 13, 2025

HB 4487: Individual income tax: credit; working parent tax credit for certain dependents; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 272b.

House Bill 4487 proposes a new state income tax credit for working parents starting in tax year 2025. This "working parent tax credit" would provide $2,500 for each qualified dependent between the ages of 4 and 6. To be eligible, taxpayers must have earned income of at least $10,000, and the credit is limited to a maximum of three dependents per tax year. Any portion of the credit that exceeds a taxpayer's liability would be refunded.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides refundable tax credit ($2,500/child) for working parents with low/middle income, reducing tax burden and increasing disposable income for families with dependents aged 4-6.95% confidence

Sub-Topics Tax Credits

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in committee · Michigan · House Aug 25, 2026

HB 4202: Individual income tax: exemptions; additional exemption for fetus; provide for. Amends sec. 30 of 1967 PA 281 (MCL 206.30).

HB 4202 amends Michigan's income tax code to update deductions for retirement benefits and education-related payments. It specifically adjusts the maximum deductible amount for retirement/pension benefits (currently $42,240 for singles/$84,480 for couples) to automatically increase annually based on the Consumer Price Index, and clarifies rules for deducting payments made to Michigan's education trust for tuition. The bill affects Michigan taxpayers who claim these deductions, particularly retirees and those using education trust programs. It does not create a new "fetus exemption" (a misstatement in the bill title), but refines existing tax code provisions for retirement income and education savings. The bill is currently in committee after its March 2025 introduction.

Topics ✓ Budget & TaxesSupports Budget & TaxesAmends tax code to increase retirement benefit deductions via CPI adjustment, providing tax relief for taxpayers and promoting fiscal responsibility through automatic inflation adjustment.85% confidence ✓ EducationSupports EducationClarifies tax deductions for education trust tuition payments, reducing costs for families and improving access to education through tax relief.75% confidence

Sub-Topics Income Tax Pensions

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signed · Michigan · Senate Jul 29, 2026

SB 301: Corporate income tax: credits; employer credit for paid organ donation leave; provide for. Amends secs. 30 & 623 of 1967 PA 281 (MCL 206.30 & 206.623) & adds secs. 279 & 679.

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.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates corporate tax credit for paid organ donation leave, providing direct tax relief through a new credit mechanism under tax policy.90% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill establishes tax credit for paid organ donation leave, expanding employee benefits under employment standards by ensuring full wage compensation during medical leave.90% confidence

Sub-Topics Business Taxes Paid Leave

passed · Michigan · Senate May 13, 2025

SB 174: Appropriations: transportation department; appropriations for fiscal year 2025-2026; provide for. Creates appropriation act.

SB 174 is a routine appropriations bill that allocates $6.9 billion in funding for Michigan's State Transportation Department for fiscal year 2025-2026. It specifies funding sources including $2.3 billion in federal revenues, $4.5 billion in state restricted revenues, and $2 million from the state general fund. The bill details how funds will be distributed across department operations, infrastructure maintenance, debt service (like the State Trunkline Fund), and interdepartmental grants to other state agencies. This bill does not create new policies or affect specific groups - it solely authorizes the spending of existing funds for transportation department activities.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $6.9B for transportation department operations and infrastructure, funding essential public services per routine appropriations process.85% confidence ✓ TransportationSupports TransportationAllocates $6.9B for transportation infrastructure, operations, and maintenance per appropriations bill, directly funding department activities.95% confidence

Sub-Topics Appropriations Debt & Bonds State Budget Roads & Highways Transportation Funding

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