MI HB5610

Requires the Department of Treasury to issue an annual report by January 15, 2022, and each January 15 thereafter to the House and Senate appropriations subcommittees on school aid

Report must breakdown credits made to the state school aid fund under 10 specified sections of Michigan law that would otherwise be disbursed to or retained by intermediate districts receiving state aid

Credits covered include those from enterprise zone act provisions, obsolete property rehabilitation act, commercial redevelopment act, technology park development act, neighborhood enterprise zone act, commercial rehabilitation act, general property tax act, tax reverted clean title act, and natural resources and environmental protection act

Includes conditional provision regarding section 9 of the qualified heavy equipment rental personal property specific tax act if House Bill No. 4833 is enacted into law