Michigan House Bill HB5414

Michigan 2025-2026 Regular Session

• Introduced: 12/18/25
• Refer: 12/18/25

Caption

Economic development: economic development corporations; regulations concerning the disclosure of the information required for the report described in section 10 of the Michigan economic growth authority act, 1995 PA 24, MCL 207.810; provide for. Amends sec. 28 of 1941 PA 122 (MCL 205.28).

Summary

House Bill 5414 seeks to amend the 1941 Public Act 122, which establishes the revenue collection duties for the Michigan Department of Treasury. The bill outlines significant changes concerning the administration of state taxes, enhancing the power of the State Treasurer to oversee tax collection and compliance enforcement across various jurisdictions. By refining procedures related to tax notices and collection, the bill aims to improve efficiency in tax administration, ultimately contributing to a more streamlined fiscal environment in Michigan. One notable provision is the limitation on issuing injunctions to stay tax collection proceedings, which could expedite the enforcement of tax laws. Additionally, the bill empowers the State Treasurer to request information from other state departments to facilitate tax collection efforts. This has the potential to enhance inter-agency cooperation and ensure that necessary data is readily available for effective tax management. However, the bill could be viewed as controversial among some stakeholders, particularly concerning the degree of authority granted to the State Treasurer. Critics may argue that not allowing injunctions can infringe upon taxpayer rights and leads to an aggressive approach in tax enforcement. Moreover, the stipulations around sharing tax-related information across state agencies may raise privacy concerns or lead to increased scrutiny on taxpayers, particularly small business owners who may find compliance challenging under stricter regulations. Ultimately, the changes proposed in HB 5414 are intended to bolster fiscal responsibility and economic development in Michigan. By enhancing tax collection and administration, the bill aims to ensure that state revenues are maximized while also addressing potential areas of concern regarding taxpayer protections and privacy.