The bill amends the 1941 PA 122, which outlines the revenue collection duties of the Department of Treasury in Michigan. Key changes include the requirement for notices to be served on the department via certified mail to the last known address of the taxpayer, and the state treasurer's ability to request information from other state departments to fulfill their duties. Additionally, the bill clarifies that an injunction cannot be issued to halt tax assessment and collection proceedings, and it establishes that the state treasurer or department employees cannot compromise taxes owed to the state, although they may negotiate interest or penalties.

Furthermore, the bill introduces new provisions regarding the confidentiality of tax information, specifying that certain disclosures are permissible under judicial orders or for specific administrative purposes. It also imposes penalties for violations of confidentiality and mandates the Department to prepare an annual report on the Michigan business tax, detailing various tax-related statistics while ensuring taxpayer anonymity. The enactment of this bill is contingent upon the passage of related legislation in the 103rd Legislature.

Statutes affected:
House Introduced Bill: 205.28