LANSING, Mich., Feb. 10, 2023 — The Michigan House passed House Bill 4001 yesterday. The bill — which garnered bipartisan support — provides much-needed tax relief to Michiganders, with a heavy focus on retirees and working families.
“I have been working for years to repeal the retirement tax, and I’m pleased to say that we are one step closer to righting a wrong older Michiganders have endured for over a decade,” said state Rep. Angela Witwer (Delta Township), sponsor of HB 4001. “Rising inflation has only put further strain on retirees living on a fixed income and working families who were already struggling to make ends meet. This bill helps deliver solutions they deserve.”
The legislation provides much-needed tax relief by reducing the financial burdens Michiganders face and boosting the state’s economy. It would save half a million Michigan retirees an average of $1,000 a year, provide an average savings of about $3,000 to 700,000 families and deliver a $180 inflation rebate check per tax return if the Senate gives the legislation immediate effect.