Individual income tax: rate; repeal of the personal income tax; provide for. Amends title of 1967 PA 281 (MCL 206.1 - 206.847 ); adds sec. 799 & repeals pt. 1, ch. 17 & pt. 4 of 1967 PA 281 (MCL 206.1 - 206.532 , 206.701 - 206.715 & 206.801 - 206.847).