Corporate income tax: business income; deductions for certain broadband expansion grants; provide for. Amends secs. 623 & 815 of 1967 PA 281 (MCL 206.623 & 206.815). TIE BAR WITH: SB 0209’25
Key claim: Michigan corporations that receive certain broadband expansion grants could deduct those grants from taxable business income so the grants would not raise their corporate income tax.
Abstract
(SB1155 · 103rd Legislature) Corporate income tax: business income; deductions for certain broadband expansion grants; provide for. Amends secs. 623 & 815 of 1967 PA 281 (MCL 206.623 & 206.815). TIE BAR WITH: SB 0209’25 Sponsor: Sen. Paul Wojno (D) In committee: S Regulatory Affairs Latest action (2026-09-10): Referred To Committee On Regulatory Affairs
Why this matters
Broadband expansion grants (largely federal- and state-funded infrastructure awards) would otherwise flow through a corporate recipient’s books as taxable income, reducing the net value of the grant. Carving those grants out of Michigan’s 6% corporate income tax base means more of each grant dollar goes to buildout rather than back to the state treasury, at the cost of forgone corporate tax revenue. The measure is incremental tax conformity, not a new incentive program.