The bill amends the 1941 PA 122, which outlines the revenue collection duties of the Michigan Department of Treasury and the powers and responsibilities of the state treasurer. Key provisions include the requirement for notice to be given to taxpayers via personal service or certified mail, the prohibition of injunctions to halt tax assessment and collection proceedings, and the authority for the state treasurer to request information from other state departments for tax administration purposes. Additionally, the bill emphasizes the confidentiality of tax information and outlines penalties for unauthorized disclosure, including potential felony charges for violations.

Significant changes in the bill include the insertion of new language that allows for the disclosure of certain information under the Michigan Economic Growth Authority Act and the Michigan Strategic Fund Act, as well as the ability to disclose information related to casino tax payments. The bill also mandates the Department of Treasury to prepare an annual report on the Michigan business tax, detailing various tax statistics while ensuring taxpayer confidentiality. Overall, the amendments aim to enhance the efficiency and transparency of tax administration while maintaining strict confidentiality standards.

Statutes affected:
House Introduced Bill: 205.28