HB 4019
Individual income tax: reporting; annual revenue report to individual income tax filers; require. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 471a.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill would require the Michigan Department of Treasury to send individual taxpayers a one-page report each year detailing the state’s income tax revenue collection and distribution. Starting in 2025, the report would include information on how much revenue was collected from various sources like wages and quarterly payments, as well as how much was refunded and distributed to different state funds. This aims to provide taxpayers with greater transparency into how their income tax dollars are used.
Sponsors
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Primary sponsor
Cosponsors
Cameron Cavitt
Gregory Alexander
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