Michigan 2023-2024 Regular Session

Michigan Senate Bill SB1050

Introduced
10/23/24  
Refer
10/23/24  
Report Pass
10/24/24  
Refer
10/24/24  
Report Pass
10/30/24  
Engrossed
11/7/24  
Refer
11/7/24  
Refer
11/12/24  
Report Pass
11/13/24  
Enrolled
12/10/24  
Chaptered
12/30/24  

Caption

Corporate income tax: flow-through entities; treatment of certain limited liability companies as a corporation; provide for. Amends secs. 12, 607, 699, 701, 805 & 845 of 1967 PA 281 (MCL 206.12 et seq.) & adds sec. 339.

Companion Bills

MI SB0984

Same As Businesses: business corporations; applicability of the business corporation act; modify. Amends sec. 123 of 1972 PA 284 (MCL 450.1123).

MI SB0982

Same As Communications: telecommunications; conversion for telephone corporations to domestic limited liability company; provide for. Amends 1883 PA 129 (MCL 484.1 - 484.10) by adding sec. 7.

MI SB0983

Same As Businesses: limited liability companies; definition of business organization; modify. Amends sec. 705a of 1993 PA 23 (MCL 450.4705a).

Previously Filed As

MI B26-0324

Pass-Through Entities Income Tax and Tax Credit on Certain S Corporations and Partnerships Amendment Act of 2025

MI HB4908

Corporate income tax: credits; film incentive credit; restore. Amends secs. 701 & 703 of 1967 PA 281 (MCL 206.701 & 206.703) & adds secs. 285 & 677. TIE BAR WITH: HB 4907'23

MI SB0438

Corporate income tax: credits; film incentive credit; restore. Amends secs. 701 & 703 of 1967 PA 281 (MCL 206.701 & 206.703) & adds secs. 285 & 677. TIE BAR WITH: SB 0439'23

MI HB5376

Corporate income tax: business income; definition of federal taxable income and adjustments to income tax base; modify. Amends secs. 607 & 623 of 1967 PA 281 (MCL 206.607 & 206.623).

MI HB604

Provides relative to state income taxation of Subchapter S corporations and other flow through entities (EG SEE FISC NOTE GF RV See Note)

MI SB0125

Individual income tax: deductions; deduct overtime compensation from taxable income; provide for. Amends secs. 30, 701, 703 & 711 of 1967 PA 281 (MCL 206.30 et seq.).

MI SB223

Provides relative to state income taxation of Subchapter S corporations and other flow through entities. (gov sig) (EN SEE FISC NOTE GF RV See Note)

MI HB5022

Corporate income tax: flow-through entities; dates to make election to pay the tax and submit certain information; modify. Amends secs. 813, 831 & 839 of 1967 PA 281 (MCL 206.813 et seq.).

MI AB308

Taxation: corporations: minimum franchise tax: limited liability companies: annual tax.

MI AB806

Taxation: corporations: minimum franchise tax: limited liability companies: annual tax: suspension.

Similar Bills

IA SF59

A bill for an act relating to the farm tenancy net income exclusion available against the individual income tax, and including effective date and retroactive applicability provisions.

IA SF19

A bill for an act relating to the farm tenancy net income exclusion available against the individual income tax, and including effective date and retroactive applicability provisions.

IA HF2503

A bill for an act relating to the farm tenancy net income exclusion available against the individual income tax, and including effective date and retroactive applicability provisions.(See HF 2666.)

CA AB2574

Sales and use taxes: exemption: research and development: design: digital interactive media.

IA HF624

A bill for an act relating to the farm tenancy net income exclusion available against the individual income tax, and including effective date and retroactive applicability provisions.(Formerly HF 56.)

IA HF56

A bill for an act relating to the farm tenancy net income exclusion available against the individual income tax, and including effective date and retroactive applicability provisions.(See HF 624.)

IA HF2666

A bill for an act relating to the farm tenancy net income exclusion available against the individual income tax, and including effective date and retroactive applicability provisions.(Formerly HF 2503.)

CA AB1576

Personal Income Tax Law: Corporation Tax Law: disregarded entities: credit limitation.