Michigan · 2025-2026 Regular Session · Bill

SB 115: Individual income tax: credit; credit for certain investments in Michigan businesses; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 281.

In committee Last action March 5, 2025: REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

Plain-language summary

SB 115 is a bill introduced in the Michigan Senate on March 5, 2025. According to its official title, it concerns: Individual income tax: credit; credit for certain investments in Michigan businesses; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 281. Primary sponsor: Joe Bellino (Republican). Most recent recorded action (March 5, 2025): REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION.

Sponsors

Primary sponsor: Joe Bellino (Republican).