HB 4202 amends Michigan's income tax code to update deductions for retirement benefits and education-related payments. It specifically adjusts the maximum deductible amount for retirement/pension benefits (currently $42,240 for singles/$84,480 for couples) to automatically increase annually based on the Consumer Price Index, and clarifies rules for deducting payments made to Michigan's education trust for tuition. The bill affects Michigan taxpayers who claim these deductions, particularly retirees and those using education trust programs. It does not create a new "fetus exemption" (a misstatement in the bill title), but refines existing tax code provisions for retirement income and education savings. The bill is currently in committee after its March 2025 introduction.
Senate Bill 292 proposes a new property tax exemption for certain senior citizens in Michigan, effective for taxes levied after December 31, 2025. It would exempt the principal residence of individuals aged 70 or older from property taxes. To qualify, an individual must own and occupy the property as their primary home and file a claim with their local assessing unit. Once granted, the exemption remains in effect as long as the individual continuously owns and occupies the property. The bill also states the legislature's intent to annually appropriate state funds to compensate local governments for any resulting lost revenue.
SB 301 establishes a corporate income tax credit for employers who offer paid leave to employees donating organs. Beginning in 2026, eligible employers can claim a credit equal to 100% of the wages paid to an employee during up to 12 weeks of organ donation leave. To qualify, this leave must be separate from other paid leave benefits and compensate the employee at their full normal wage. The credit is non-refundable but can be carried forward for up to three years to offset future tax liabilities.
SB 174 is a routine appropriations bill that allocates $6.9 billion in funding for Michigan's State Transportation Department for fiscal year 2025-2026. It specifies funding sources including $2.3 billion in federal revenues, $4.5 billion in state restricted revenues, and $2 million from the state general fund. The bill details how funds will be distributed across department operations, infrastructure maintenance, debt service (like the State Trunkline Fund), and interdepartmental grants to other state agencies. This bill does not create new policies or affect specific groups - it solely authorizes the spending of existing funds for transportation department activities.
SB 173 is a budget bill that allocates $4.18 billion in state funding for Michigan government operations during fiscal year 2025-2026. It provides specific appropriations for state departments including the Attorney General’s office, Treasury, Civil Rights, and other executive branch agencies. The funding covers salaries, programs like child support enforcement, and operational costs, sourced from state general funds, federal revenue, and transfers between state departments. This bill directly affects how Michigan state agencies will operate and spend money during the upcoming fiscal year.
Senate Bill 308 creates a new refundable "working parent tax credit" for eligible taxpayers in Michigan, effective for tax years beginning January 1, 2025. This credit provides $5,500 per qualified dependent aged four or younger, for taxpayers with a household income not exceeding 150% of the state median income. The bill also establishes a program for the Department to issue monthly advance payments of this credit to qualified taxpayers. However, taxpayers enrolled in an Rx Kids program are not eligible for this credit.
SB 177 allocates $626.86 million in state funding for Michigan's Department of Licensing and Regulatory Affairs (DLRA) for fiscal year 2025-2026. The bill specifies funding for DLRA operations, the Public Service Commission ($45.4 million), and the Liquor Control Commission ($3.5 million), drawn from state general funds, liquor license fees, marijuana regulatory funds, and other dedicated revenue streams. It does not create new policies but authorizes the expenditure of existing appropriations to maintain current regulatory services. The funding directly supports DLRA staff, licensing enforcement, and oversight of industries like healthcare, construction, and alcohol sales.
SB 178 is a funding bill that allocates $77.29 million for Michigan's Department of Insurance and Financial Services for the 2025-2026 fiscal year. It provides specific budget line items for department operations, insurance regulation, consumer protection services, and information technology systems. The funding comes primarily from fees collected by the department (like insurance licensing fees and bank fees), with minor federal and interdepartmental support. This bill does not create new regulations or policies but ensures the department has the resources to continue its existing oversight of insurance companies and financial services within Michigan.
SB 176 appropriates $986.6 million for Michigan's Department of State Police for fiscal year 2025-2026, funding current operations and services. It directly affects the state police agency by allocating resources for core functions like forensic science ($51.7 million), criminal justice information ($29.9 million), trooper training ($5 million), and school safety programs. Key provisions detail specific funding amounts for classified positions, equipment, and specialized units including biometrics, forensic labs, and 911 administration. This is a routine budget bill providing necessary funding for existing state police programs, not creating new policies or services.
SB 175 is a funding bill that allocates $291.5 million for Michigan's Department of Military and Veterans Affairs for fiscal year 2025-2026. It directly provides funding for Michigan National Guard operations (including training and facilities), veterans service agencies (through county grants and administration), and veterans homes (like Chesterfield, Grand Rapids, and Jacobetti facilities). The bill specifies funding sources including federal military revenues, state general funds, and special revenue streams like veterans license plate fees. This appropriation act does not create new programs but authorizes existing department spending for staffing, operations, and capital maintenance.
