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MI HB5519

Bill

Official Source

Status

Introduced

2/18/2026

Primary Sponsor

Brad Paquette

Click for details

Origin

House of Representatives

103rd Legislature

AI Summary

  • Michigan's individual income tax rate would be set at 3.9% beginning January 1, 2026, down from the current 4.25% rate
  • The bill eliminates the automatic rate adjustment mechanism tied to inflation and general fund revenue growth that was established in 2023
  • Historical rates are codified: 4.35% (October 2007-September 2012), 4.25% (October 2012-December 2022), 4.05% (2023), and 4.25% (2024-2025)
  • A portion of income tax collections continues to be deposited into the state school aid fund, with the percentage formula adjusted for the new rate (1.040% divided by the income tax rate beginning October 2026)
  • Introduced February 18, 2026 by Rep. Paquette and 14 co-sponsors, referred to the House Committee on Finance

Legislative Description

Individual income tax: rate; rollback of rate to 3.9%; provide for. Amends sec. 51 of 1967 PA 281 (MCL 206.51).

Individual income tax: rate

Last Action

Bill Electronically Reproduced 02/18/2026

2/19/2026

Committee Referrals

Finance2/18/2026

Full Bill Text

No bill text available