Budget & Taxes

in committee · Michigan · House Oct 21, 2025

HB 4787: Property tax: exemptions; property tax exemption for certain utility personal property; provide for. Amends 1893 PA 206 (MCL 211.1 - 211.155) by adding sec. 7yy. TIE BAR WITH: HB 4788'25

HB 4787 would exempt utility companies' replacement electric distribution infrastructure from general property taxes after December 31, 2025, if the infrastructure replaces older systems. To qualify, owners must apply annually by March 1 to local assessors and submit detailed reports by March 31 each year, including location, description of the replaced infrastructure, and safety/reliability improvements. The exemption depends on another bill (HB 4788) being enacted first. This directly affects electric utilities upgrading their aging infrastructure.

Topics ✗ Budget & TaxesOpposes Budget & TaxesExempts utility infrastructure from property taxes, reducing state/local tax revenue. Directly weakens government fiscal resources through corporate tax break, aligning with 'oppose' indicators.90% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · Michigan · House Oct 28, 2025

HB 5131: Individual income tax: deductions; capital gains from sale or exchange of investment coins and bullion; provide for. Amends sec. 30 of 1967 PA 281 (MCL 206.30). TIE BAR WITH: HB 5129'25, HB 5130'25

House Bill 5131 proposes an amendment to the state's individual income tax act. It aims to create a new deduction for taxpayers. This deduction would allow individuals to subtract capital gains derived from the sale or exchange of investment coins and bullion when calculating their state taxable income. This change would reduce the amount of income subject to state tax for those who realize such gains.

Topics ✗ Budget & TaxesOpposes Budget & TaxesCreates tax deduction for capital gains on investment coins/bullion, primarily benefiting wealthy investors by reducing state tax revenue without public funding or fiscal responsibility indicators.85% confidence

Sub-Topics Income Tax

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in committee · Michigan · Senate Oct 30, 2025

SB 633: Individual income tax: credit; state historic preservation tax credit; eliminate. Amends secs. 266a & 676 of 1967 PA 281 (MCL 206.266a & 206.676). TIE BAR WITH: SB 0631'25

SB 633 eliminates Michigan's state historic preservation tax credit program, which previously allowed property owners to claim a 25% tax credit for qualified rehabilitation expenses on historic buildings. The bill directly affects developers and property owners who relied on this credit for restoring historic resources, removing their eligibility for tax benefits under this program. Key provisions include repealing sections of the Income Tax Act that governed the credit's application process, annual funding limits ($5 million total), and requirements for certification of historic rehabilitation projects. This change would end the state's financial incentive for historic preservation projects that currently qualify under this credit.

Topics ✗ Budget & TaxesOpposes Budget & TaxesEliminates historic preservation tax credit, removing tax benefits for property owners under individual income tax provisions.95% confidence ✗ HousingOpposes HousingEliminates historic preservation tax credit (25% rehab credit) that supported housing development on historic properties, directly reducing financial incentives for housing rehabilitation projects.92% confidence

Sub-Topics Income Tax Tax Incentives Historic Preservation Property Taxes

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in committee · Michigan · House Jun 18, 2026

HB 4119: Sales tax: exemptions; purchase of certain aircraft and aviation equipment; exempt. Amends sec. 4x of 1933 PA 167 (MCL 205.54x).

HB 4119 exempts sales of large aircraft (over 6,000 pounds) and certain parts/materials attached to them from Michigan's sales tax when used by commercial airlines for passenger or cargo transport. It specifically applies to domestic air carriers operating under federal aviation rules, covering both new aircraft purchases and maintenance-related transactions. Key conditions include requiring aircraft to leave Michigan within 15 days of temporary use (e.g., for evaluation or repairs) and ensuring they were not based or registered in Michigan before or after the transaction. This policy change directly affects commercial airlines and aircraft sellers, reducing tax liability on qualifying equipment purchases and maintenance services.

Topics ✗ Budget & TaxesOpposes Budget & TaxesCreates sales tax exemption for commercial aviation, reducing state tax revenue. Weakens tax base rather than strengthening it.90% confidence ✓ TransportationSupports TransportationExempts sales tax on large aircraft purchases for commercial airlines, reducing costs and supporting aviation transportation operations per bill's intent.90% confidence

Sub-Topics Sales Tax Airports Freight

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in committee · Michigan · House Mar 19, 2026

HB 4513: Individual income tax: deductions; deduction for income attributable to bitcoin mining under the bitcoin program; provide for. Amends secs. 30, 623 & 815 of 1967 PA 281 (MCL 206.30 et seq.). TIE BAR WITH: HB 4512'25

HB 4513 creates a new tax deduction for income earned from bitcoin mining under Michigan's existing "bitcoin program." It directly affects bitcoin miners operating within Michigan's designated program by allowing them to deduct this income when calculating their state individual income tax. The bill amends specific sections of Michigan's tax code (sections 30, 623, and 815) to add this deduction, making it a concrete policy change for eligible miners. This deduction is separate from other standard tax adjustments detailed in the bill.

Topics ✗ Budget & TaxesOpposes Budget & TaxesCreates new tax deduction for bitcoin mining income, reducing state tax revenue for this sector, weakening budget impact through targeted tax relief.95% confidence

Sub-Topics Income Tax

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passed · Michigan · Senate Nov 13, 2025

SB 199: Economic development: tax increment financing; definition of other protected obligation; modify and expand. Amends sec. 301 of 2018 PA 57 (MCL 125.4301).

SB 199 amends Michigan's tax increment financing law to modify funding limits for certain legacy obligations. It specifically restricts the amount of tax increment revenue (revenue from increased property taxes in redevelopment areas) that can be used to pay for ongoing management contracts and professional services established before 1993. The bill phases out these payments annually, starting with $3 million per year for taxes levied through 2009, decreasing to $0 for taxes levied after June 2015. This directly affects municipalities and tax increment authorities that issued or incurred these pre-1993 obligations or related contracts.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRestricts TIF funds for pre-1993 management contracts, phasing out $3M/year payments for taxes through 2009, reducing fiscal allocation to legacy obligations.95% confidence

Sub-Topics Debt & Bonds Tax Incentives Tags Economic Development

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in committee · Michigan · House Dec 2, 2025

HB 5292: Corporate income tax: credits; ability to claim certain certificated credits against corporate income tax liability; provide for, and repeal Michigan business tax act. Amends secs. 605 & 680 of 1967 PA 281 (MCL 206.605 & 206.680); adds sec. 670 & repeals 2007 PA 36 (MCL 208.1101 - 208.1519). TIE BAR WITH: HB 5293'25

HB 5292 allows corporations with pre-2012 approved tax credits (for job creation or investment) to claim the remaining unused portion against their corporate income tax liability starting in 2026, spread equally over 10 years. To qualify, businesses must maintain at least 95% of their full-time jobs (35+ hours weekly with payroll taxes withheld) as of September 30, 2025, each tax year. The bill also repeals Michigan’s Business Tax Act (2007 PA 36) for tax years beginning after December 31, 2025, ending that separate tax system. This directly affects corporations holding unused credits from older economic development programs.

Topics ✗ Budget & TaxesOpposes Budget & TaxesAllows corporations to claim unused tax credits and repeals Business Tax Act, reducing state tax revenue and weakening tax system.90% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives

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signed · Michigan · Senate Jul 29, 2026

SB 423: Property tax: delinquent taxes; sunsets on certain delinquent tax payment reduction and foreclosure avoidance programs; eliminate. Amends sec. 78g & 78q of 1893 PA 206 (MCL 211.78g & 211.78q).

SB 423 ends specific programs that helped homeowners pay overdue property taxes and avoid foreclosure. It directly affects property owners with delinquent taxes who previously could use these reduced payment options. The bill modifies existing law by setting expiration dates ("sunsetting") for these programs, meaning they will no longer be available after the specified dates. This change removes temporary relief measures, requiring affected homeowners to pay full delinquent taxes or face standard foreclosure processes.

Topics ✗ Budget & TaxesOpposes Budget & TaxesEnds temporary property tax payment reduction programs for delinquent taxes, requiring full payment instead of reduced amounts, removing tax relief for homeowners.92% confidence ✗ HousingOpposes HousingEnds programs reducing delinquent tax payments and foreclosure avoidance, removing protections for homeowners and weakening housing stability measures.90% confidence

Sub-Topics Property Tax Mortgages Property Taxes