HB 5952 Summary

• Amends the Michigan Income Tax Act to clarify and modify deductions for retirement and pension benefits, particularly for surviving spouses.

• For tax years beginning after December 31, 2016, allows a surviving spouse who has not remarried to claim the retirement income deduction in subsequent years using the restrictions and limitations that applied to the older spouse on their joint return.

• Provides that a surviving spouse born after 1945 who is age 67 or older and has not remarried may elect to take an unrestricted deduction available against all income types, subject to limitations based on their own date of birth rather than the older spouse's.

• Makes technical corrections to statutory references, including changing "both the husband and wife" to "spouses" and adjusting language regarding ABLE savings accounts and education savings programs.

• Effective for tax years beginning after December 31, 2016.