Michigan · 2025-2026 Regular Session · Bill

HB 5296: Corporate income tax: revenue distribution; distribution of corporate income tax revenue; modify to reflect repeal of the strategic outreach and attraction reserve fund. Amends sec. 695 of 1967 PA 281 (MCL 206.695). TIE BAR WITH: HB 5294'25

In committee Last action December 2, 2025: bill electronically reproduced 11/13/2025

Plain-language summary

HB 5296 is a bill introduced in the Michigan House on November 13, 2025. According to its official title, it concerns: Corporate income tax: revenue distribution; distribution of corporate income tax revenue; modify to reflect repeal of the strategic outreach and attraction reserve fund. Amends sec. 695 of 1967 PA 281 (MCL 206.695). TIE BAR WITH: HB 5294'25. Primary sponsor: Josh Schriver (Republican). It lists 2 additional sponsors. Most recent recorded action (December 2, 2025): bill electronically reproduced 11/13/2025.

Sponsors

Primary sponsor: Josh Schriver (Republican). 2 co-sponsors.