Michigan legislation · 103rd Legislature
Michigan HB5806: Individual income tax: credit; housing opportunity tax credits; create. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding secs. 281 & 678. TIE BAR WITH: HB 5805'26, HB 5807'26
Status: Signed into law, July 29, 2026
What the bill says
An act to amend 1967 PA 281, entitled An act to meet deficiencies in state funds by providing for the imposition, levy, computation, collection, assessment, reporting, payment, and enforcement by lien and otherwise of taxes on or measured by net income and on certain commercial, business, and financial activities; to prescribe the manner and time of making reports and paying the taxes, and the functions of public officers and others as to the taxes; to permit the inspection of the records of taxpayers; to provide for interest and penalties on unpaid taxes…
From the chaptered text, July 21, 2026:
AN ACT to amend 1967 PA 281, entitled An act to meet deficiencies in state funds by providing for the imposition, levy, computation, collection, assessment, reporting, payment, and enforcement by lien and otherwise of taxes on or measured by net income and on certain commercial, business, and financial activities; to prescribe the manner and time of making reports and paying the taxes, and the functions of public officers and others as to the taxes; to permit the inspection of the records of taxpayers; to provide for interest and penalties on unpaid taxes; to provide exemptions, credits, rebates, and refunds of the taxes; to create certain funds; to provide for the expenditure of certain funds; to impose certain duties and requirements on certain officials, departments, and authorities of this state; to prescribe penalties for the violation of this act; to provide an appropriation; and to repeal acts and parts of acts, (MCL 206.1 to 206.847) by adding sections 281 and 678. The People of the State of Michigan enact: Sec. 281. (1) Except as otherwise provided under this section, for tax years that begin on and after January 1, 2027, a qualified taxpayer may, in a form and manner as determined by the department, claim a housing opportunity tax credit for a qualified project against the tax imposed under this part …