Michigan SB911: Individual income tax: deductions; deductions for contributions to Trump Accounts; provide for. Amends sec. 30 of 1967 PA 281 (MCL 206.30) & adds sec. 51i.

What the bill says

To amend 1967 PA 281, entitled "Income tax act of 1967," by amending section 30 (MCL 206.30), as amended by 2025 PA 24, and by adding section 51i.

From the introduced text, April 21, 2026:

A bill to amend 1967 PA 281, entitled "Income tax act of 1967," by amending section 30 (MCL 206.30), as amended by 2025 PA 24, and by adding section 51i. the people of the state of michigan enact: Sec. 30. (1) "Taxable income" means, for a person other than a corporation, estate, or trust, adjusted gross income as defined in the internal revenue code subject to the following adjustments under this section: (a) Add gross interest income and dividends derived from obligations or securities of states other than Michigan, in the same amount that has been excluded from adjusted gross income less related expenses not deducted in computing adjusted gross income because of section 265(a)(1) of the internal revenue code. (b) Add taxes on or measured by income to the extent the taxes have been deducted in arriving at adjusted gross income including any direct or indirect allocated share of taxes paid by a flow-through entity under part 4. (c) Add losses on the sale or exchange of obligations of the United States government, the income of which this state is prohibited from subjecting to a net income tax, to the extent that the loss has been deducted in arriving at adjusted gross income. (d) Deduct, to the extent included in adjusted gross income, income derived from obligations, or the …

Read the full official text

Sponsors

• Nesbitt, Aric (R, 20) · primary sponsor

Latest actions

1. April 21, 2026: REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
2. April 21, 2026: INTRODUCED BY SENATOR ARIC NESBITT

Common questions

What is SB911?

SB911 is a bill in the Michigan Legislature (103rd Legislature): Individual income tax: deductions; deductions for contributions to Trump Accounts; provide for. Amends sec. 30 of 1967 PA 281 (MCL 206.30) & adds sec. 51i.

What does SB911 do?

In its own words: To amend 1967 PA 281, entitled "Income tax act of 1967," by amending section 30 (MCL 206.30), as amended by 2025 PA 24, and by adding section 51i.

What is the status of SB911?

In committee as of April 21, 2026. Latest action: REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION (April 21, 2026).

Who sponsored SB911?

Nesbitt, Aric (R, 20).

Where is the official record for SB911?

On the Michigan Legislature website: https://www.legislature.mi.gov/Bills/Bill?ObjectName=2026-SB-0911