MI SB0244

Allows disclosure of information required for reports under the Michigan strategic fund act for programs with new written agreements entered into after the effective date, while maintaining confidentiality protections for other taxpayer information.

Authorizes disclosure of adjusted gross receipts and wagering tax paid by casino licensees licensed under the Michigan gaming control and revenue act pursuant to specific management and budget act sections or as authorized by the gaming control board executive director.

Permits disclosure of applications, agreements, certificates, denials, and total credits claimed under sections 455, 457, and 459 of the Michigan business tax act, notwithstanding confidentiality restrictions in those sections.

Maintains existing penalties for unlawful disclosure of tax information, including felony penalties of up to $5,000 in fines or 5 years imprisonment for state employees, and civil fines up to $5,000 per violation for legislators.

Takes effect August 25, 2017, 30 days after enactment.