POLISCOPE
Back to bills

The civic record

Read. Follow. Verify.

Michigan SB 417 earmarks corporate income tax revenue for the beverage container handling fund starting in fiscal year 2026-2027

Original title: Corporate income tax: revenue distribution; earmark for the beverage container handling fund; provide for.

Last action · June 12, 2025: REFERRED TO COMMITTEE ON ENERGY AND ENVIRONMENTSponsor: Sean McCann

Introduced
Committee
Floor Vote
Passed
Law

Track this bill to get notified when it advances a stage. One tap to stop, anytime.

What This Bill Would Do

Michigan Senate Bill 417 alters the distribution of corporate income tax revenue beginning in the 2026-2027 state by directing $60,000,000.00 annually to the beverage container handling fund after housing fund allocations. The measure is contingent upon the enactment and voter approval of Senate Bill No. 416 at the November 3, 2026 general election.

Why it matters

The change alters how state corporate tax dollars are divided, establishing a dedicated annual revenue stream for beverage container handling and housing funds starting in 2026-2027. It requires voter approval of a companion bill before taking effect.

Background
  • Corporate income tax collections in Michigan are deposited into the general fund by default unless specifically earmarked by statute for particular funds. context
  • Senate Bill 417 was introduced in the Michigan Senate and referred to the Committee on Energy and Environment during the 2025-2026 legislative session. context

Who It Would Affect

Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.

Directly affected

Michigan taxpayers

Corporate income tax revenues paid by taxpayers are redistributed to specific state funds rather than entirely to the general fund.

Directly affected

State general fund

Receives the remaining balance of corporate income tax collections after specific statutory fund allocations are deducted.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

Where does corporate income tax revenue go under this bill for the 2025-2026 fiscal year?
$50,000,000.00 goes to the Michigan housing and community development fund, and the remaining balance goes to the general fund.
How is the allocation for the beverage container handling fund calculated after 2026-2027?
The $60,000,000.00 amount is adjusted annually for inflation based on the average for all urban consumers reported by the Bureau of Labor Statistics.
What must happen for this bill to take effect?
Senate Bill No. 416 of the 103rd Legislature must be enacted into law and approved by a majority of electors voting at the general election on November 3, 2026.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

Currently in committee. The next step in the legislative lifecycle is Floor Vote.

Procedural history

2 actions
  1. Jun 12, 2025SenateCommittee
    REFERRED TO COMMITTEE ON ENERGY AND ENVIRONMENT
  2. Jun 12, 2025SenateIntroduced
    INTRODUCED BY SENATOR SEAN MCCANN

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift95% confidence

Creation of Dedicated Container Fund Revenue

The bill introduces a permanent, inflation-adjusted annual allocation of $60,000,000.00 from corporate income taxes to the beverage container handling fund starting in 2026-2027.

Connected Entities

Michigan housing and community development fund, beverage container handling fund, United States Department of Labor, Bureau of Labor Statistics
OrganizationMichigan housing and community development fund“Fund receiving $50,000,000.00 from corporate income tax revenue”Map →
Organizationbeverage container handling fund“Fund receiving $60,000,000.00 annually starting in fiscal year 2026-2027”Map →
OrganizationUnited States Department of Labor, Bureau of Labor Statistics“Agency defining and reporting the United States Consumer Price Index”Map →

Sources

Open source document

legislature.mi.gov

Analysis Score

0–100
  • Significance50
    How much this matters to a regular citizen
  • Controversy25
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz20
    Current news / social attention level

Publisher tools

Share or embed this record

POLISCOPE publisher tools

Share or embed this record