MI SB0889

Extends the filing deadline for city income tax annual returns, quarterly returns, and declarations of estimated tax from April 15 or April 30, 2020 to July 15 or July 31, 2020.

Automatically matches any additional filing extensions granted by the Internal Revenue Service for federal income tax due to a declared national emergency.

Waives all interest and penalties for failure to file or remit taxes during the extended period from the original April due date through July 15 or July 31, 2020.

Requires any remaining penalties and interest to begin accruing one day after the extended due date for unpaid balances.

Takes effect only if Senate Bill 888 of the 100th Legislature is enacted into law.