Summary of the bill as introduced: Requires an organization to provide the state agency and the Executive Budget Office with a report before a state agency can make a contribution of funds. 

Summary of the bill as introduced: Allows the 4% property tax assessment ratio to continue at 4% after the owner dies.

Summary of the bill as introduced: Gives the continuing authority to pay the expenses of state government if the 2025-2026 fiscal year begins without a general appropriations bill. 

Summary of the bill as introduced: Repeals the millage cap imposed in Act 388.

Summary of the bill as introduced: Exempts overtime income from certain taxes.

Summary of the bill as introduced: Increases the homestead property tax exemption amount from the first $50,000 to the first $75,000 of the fair market value of the property.

Summary of the bill as introduced: Enables housing authorities to utilize tax increment financing to support the development and financing of affordable housing.

Summary of the bill as introduced: Establish a tax-exempt real estate investment trust, or REIT, to increase the supply of affordable housing.

Summary of the bill as introduced: Eliminates the income tax on individuals, trusts and estates. 

Summary of the bill as introduced: Increases the homestead property tax exemption amount from the first $50,000 to the first $100,000 of the fair market value of the property.