Michigan · 2025-2026 Regular Session · Bill

SB 557: Corporate income tax: credits; research and development credit for certain businesses located in an aerospace defense zone; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding secs. 279 & 679.

In committee Last action September 18, 2025: REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

Plain-language summary

SB 557 is a bill introduced in the Michigan Senate on September 18, 2025. According to its official title, it concerns: Corporate income tax: credits; research and development credit for certain businesses located in an aerospace defense zone; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding secs. 279 & 679. Primary sponsor: Michael Webber (Republican). It lists 3 additional sponsors. Most recent recorded action (September 18, 2025): REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION.

Sponsors

Primary sponsor: Michael Webber (Republican). 3 co-sponsors.