A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” by amending sections 623 and 695 (MCL 206.623 and 206.695), section 623 as amended by 2021 PA 135 and section 695 as amended by 2023 PA 4.
The bill was read a third time.
The question being on the passage of the bill,
Rep. Outman moved to amend the bill as follows:
1. Amend page 5, line 8, after “(b)” by striking out the balance of the line through “ after ” on line 9 and inserting “After”.
2. Amend page 5, line 27, after “part,” by striking out “ up to $2,200,000,000.00 ” and inserting “$50,000,000.00”.
3. Amend page 5, line 28, after “deposited” by inserting “to the Michigan housing and community development fund created in section 58a of the state housing development authority act of 1966, 1966 PA 346, MCL 125.1458a, and expended as provided under section 58c(1)(a), (b), (c), (d), (e), and (f) of the state housing development authority act of 1966, 1966 PA 346, MCL 125.1458c, ”.
4. Amend page 6, line 3, after “ deposited ” by inserting “ and up to $2,200,000,000.00 of the revenue collected under this part must be deposited ”.
5. Amend page 6, line 22, after “ part, ” by inserting “ $50,000,000.00 of the revenue collected under this part must be deposited to the Michigan housing and community development fund created in section 58a of the state housing development authority act of 1966, 1966 PA 346, MCL 125.1458a, and expended as provided under section 58c(1)(a), (b), (c), (d), (e), and (f) of the state housing development authority act of 1966, 1966 PA 346, MCL 125.1458c, and ”.
The motion was seconded and the amendments were adopted, a majority of the members serving voting therefor.
The question being on the passage of the bill,
The bill was then passed, a majority of the members serving voting therefor, by yeas and nays, as follows: