This bill requires Michigan businesses selling car parts and accessories to separately report and pay sales tax on those specific items starting October 1, 2027. To prepare for this change, the state Department of Treasury must define which products count as car parts by March 31, 2027, and create a new form for businesses to use. Companies will need to set up systems to identify these items at the point of sale and submit distinct payments for them alongside their regular monthly tax returns. The bill amends existing state tax laws to establish these new reporting and payment procedures without changing how the tax revenue is currently distributed.
This bill requires the state treasurer to calculate and report specific monthly funds to various legislative committees and state budget offices. The funds in question are those designated for withholding from payments made to the federal government, as previously outlined in the state's management and budget act. The legislation does not take effect unless it is passed together with a companion bill, HB 6122, which addresses the actual withholding of those federal payments. Essentially, this measure establishes a reporting process to ensure that the legislature is informed about the amounts the state intends to withhold from federal transfers.
HB 6035 is a budget bill that allocates state funds to various Michigan departments and agencies for the fiscal year ending September 30, 2026. It establishes the legal authority for these agencies to spend the money and sets specific conditions that must be met for the expenditures to occur. The legislation directly impacts state government operations by defining how much money is available for the upcoming year.
HB 6042 is a supplemental appropriations bill that allocates state funds for the fiscal year ending September 30, 2026. The legislation specifically includes funding for the Macomb County interceptor, a project aimed at managing wastewater or stormwater in that region. It also provides financial support to various state departments, the judicial branch, and the legislative branch. The bill sets conditions on how these funds can be spent and was introduced by Representative Denise Mentzer in June 2026.
This bill creates a new tax credit for Michigan employers who pay student loans for employees who did not graduate from an in-state high school or earn a degree from an in-state college. To qualify, the employee must have moved to Michigan to work for the employer after obtaining a bachelor's degree or higher from an out-of-state institution, and the employer can claim a credit equal to 25% of the loan payments made, up to a limit of 20% of the average yearly tuition at a public Michigan university. Employers must submit specific documentation to the state department to prove the payments and employee details, and any unused portion of the credit can be refunded to the employer. This measure is part of a larger package of related bills aimed at encouraging companies to hire graduates from outside the state.
SB 1045 clarifies the definition of "owner" for Michigan's homestead property tax credit by explicitly including individuals who place their primary residence into a revocable trust or a qualified personal residence trust. This change ensures that people using these specific types of trusts to hold their homes can still qualify for the tax credit, which is designed to help offset property taxes for homeowners. The bill amends the state's income tax act to update this eligibility rule without altering other parts of the tax code or the credit amount itself.
This bill creates a state income tax credit for individuals who moved to Michigan for a job after earning a degree out of state. To qualify, the taxpayer must have relocated for employment with a Michigan-based employer and provide proof of their degree and job. The credit allows them to deduct 25% of their student loan payments for up to 10 years after graduation, but the total amount cannot exceed 20% of the average yearly tuition at a public Michigan university. If the calculated credit is larger than the taxpayer's actual tax bill, the difference is refunded to them. The measure will only take effect if four other related bills are also passed into law.
This bill modifies Michigan's internet gaming laws to update tax rates and specify how money from the internet gaming fund is spent. It establishes a graduated tax structure where non-tribal online gaming operators pay between 20% and 28% based on their annual earnings, while tribal operators follow existing rules. The legislation also details a spending order for the gaming fund, requiring payments for regulatory costs, bingo administration, and prevention programs before allocating fixed amounts to tribal governments and first responder health funds, with any remaining money going to public school aid.
This bill creates a tax credit for Michigan residents who earned a degree in the state and subsequently stayed or returned to Michigan for a job. Eligible individuals can claim a credit equal to 50% of their student loan payments for a specific tax year, but the total credit cannot exceed 20% of the average annual tuition at a public Michigan university. To receive the benefit, taxpayers must provide proof of their degree, employment within the state, and student loan payments, and they must apply within 10 years of graduating. If the calculated credit is larger than the taxpayer's total tax liability for that year, the difference will be refunded to them. The legislation will only take effect if four companion bills are also passed into law.
This bill allows Michigan employers to claim a tax credit equal to 50% of student loan payments they make on behalf of employees who graduated from in-state schools and work for the company. The credit is limited to 20% of the average yearly tuition at a public university in the state for each employee per year. To receive the benefit, employers must submit detailed proof of payments and employee information to the state tax department. The bill also requires that any unused portion of the credit be refunded to the employer rather than carried forward. It is part of a package of related bills that must all pass together to take effect.
