Individual income tax: revenue distributions; earmark to 21st century jobs trust fund for the Michigan innovation fund program; provide for. Amends sec. 695 of 1967 PA 281 (MCL 206.695) & adds sec. 51i. TIE BAR WITH: SB 1073'26

Summary

The bill changes how individual income‑tax money is distributed by amending an existing tax statute and creating a new section. It earmarks those funds for the 21st Century Jobs Trust Fund, which supports the Michigan Innovation Fund program. The measure is currently referred to the Senate Appropriations Committee.

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