LANSING, Mich., July 20, 2022 — State Rep. Nate Shannon (D-Sterling Heights) introduced House Bill 6346 today to implement the MI Tax Rebate Right Now initiative. This legislation would grant a $500 tax rebate for those filing taxes individually if their income is less than $125,000 or to those filing jointly if their income is less than $250,000.
“Michiganders are struggling from the aftermath of the pandemic,” Shannon said. “The prices of gas, groceries and basic household necessities have skyrocketed with inflation. This legislation relieves some of the pocketbook burdens facing Michigan families. Michiganders need relief right now, and this legislation grants it.”
Gov. Gretchen Whitmer introduced the MI Tax Rebate Right Now plan earlier this year to put the state’s budget surplus directly into Michiganders’ own household budgets. This plan has now become legislation with Rep. Shannon’s HB 6346.
“Day in and day out, families, friends and community members are working harder than ever to make ends meet in this economic climate,” Shannon said. “With the extensive rise in the cost of living, Michiganders are seeking relief. This legislation supports the future success of Michiganders and would help to relieve our financial hardships today, for a better tomorrow.”