Money transmissions, transaction fee imposed for certain outgoing international wire transfers, income tax credit established to offset transaction fees imposed on taxpayer, reporting of certain suspicious cash transactions required, Securities Commission to enforce
Consumer credit: interest rates; prepayment penalties on certain mortgage loans made for business purposes; allow. Amends sec. 1c of 1966 PA 326 (MCL 438.31c).
Individual income, corporate franchise, sales and use, and gross receipts taxes and other various taxes and tax-related provisions modified; federal conformity provided; sustainable aviation fuel credit modified, firearms gross receipts tax imposed, social media tax imposed, and money appropriated.