Legislation passed earlier this year eliminated the Michigan Business Tax and established instead a new Corporate Income Tax. In so doing, the new law removed most tax credits, including the income tax exemptions previously afforded to businesses and residents within established Renaissance Zones.

On October 12, Senators Hildenbrand (R - 29^th District) and Hansen (R - 37^th District) introduced Senate Bill 748, which would reinstate the income tax exemption for qualified taxpayers who were residing in a Renaissance Zone area prior to the passage of the new Corporate Income Tax law.

Senate Bill 748 has been referred to the Committee on Finance. Michigan Municipal League has stated that it plans to work with Senators Hildenbrand and Hansen toward passage of the bill. For more information about this issue, contact Attorney Andria Ditschman at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .