SB0557 — Corporate income tax: credits; research and development credit for certain businesses located in an aerospace defense zone; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding secs. 279 & 679.

Sponsors: Michael Webber, Veronica Klinefelt, Mark Huizenga, Paul Wojno

Current stage: Referred to a committee (Official Source)

Last reported event: Referred To Committee On Finance, Insurance, And Consumer Protection, recorded Sep 18, 2025 (Official Source)

Jurisdiction: MI

  1. Recorded Sep 18, 2025: Introduced By Senator Michael Webber
  2. Recorded Sep 18, 2025: Referred To Committee On Finance, Insurance, And Consumer Protection

No plain-language summary is available yet.

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