General Property Tax Act enacted
Inheritance Tax Act enacted
Motor Vehicle Weight Tax enacted
Beer and Wine Taxes and Liquor Markup enacted
State constitutional amendment limits Property Tax to 15 mills
Horse Race Wagering Tax enacted
State constitutional amendment dedicates Gasoline Tax revenues for highway purposes
State takes overcollection of Intangibles Tax, sharing 100% of revenues with local governments
State constitutional amendment shares Sales Tax revenue with schools and local governments
First Tobacco Tax enacted
Business Activities Tax enacted
Liquor Excise Tax enacted
Sales Tax increased to 4%
New state constitution includes ban on graduated Income Tax
Uniform City Income Tax Act enacted
State Corporate Income Tax replaces Business Activities Tax
State Individual Income Tax enacted
State constitutional amendment removes food and drugs from Sales Tax base
Single Business Tax enacted to replace seven state taxes and one local tax
Headlee Amendment limits state and local taxation
Inheritance Tax repealed and replaced with “pick up” tax
Proposal A
Sales and Use Tax increased to 6%
Constitutional amendment creates cap for property assessment rates
Tobacco Products Tax increased to $0.75 per pack
State Education and Real Estate Transfer Taxes enacted to shift school funding away from local Property Taxes
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Intangibles Tax phaseout enacted
Gasoline Tax increased from $0.15 to $0.19 per gallon
Single Business Tax phaseout initiated
State Income Tax phased rate reduction initiated
Single Business Tax repealed via petition-initiated legislation
Michigan Business Tax enacted
Corporate Income Tax enacted to replace most Michigan Business Taxes
Personal property exempted from property taxation
Motor Fuel and Registration Taxes increased
Transportation plan allocates portion of Income Tax revenue to roads
Motor Fuel Taxes increased from $0.263 to $0.272 per gallon (first inflation-based adjustment)
Income Tax rate temporarily reduced from 4.25% to 4.05% for tax year 2023 as a result of statutory rate cut trigger
