Michigan · 2025-2026
HB 5131
Individual income tax: deductions; capital gains from sale or exchange of investment coins and bullion; provide for. Amends sec. 30 of 1967 PA 281 (MCL 206.30). TIE BAR WITH: HB 5129'25, HB 5130'25
Bill record: Open States bulk CSV (bills/votes) CC0-1.0
Summary AI-generated
HB 5131 proposes to amend section 30 of the 1967 PA 281 to provide for deductions regarding capital gains from the sale or exchange of investment coins and bullion under the individual income tax. This legislation is tied to HB 5129'25 and HB 5130'25.
Software-generated, grounded only in the bill's own fields (it does not invent outcomes, amounts, or dates). Provenance: Open States bulk CSV (bills/votes) CC0-1.0 GovTally LLM enrichment (local oMLX)
Issue tags AI-classified
Classified by a local model from the bill's text; confidence shown. GovTally LLM enrichment (local oMLX)
Sponsors + 4 cosponsors
- Tim Kelly Republican lead
- Jim DeSana Republican
- Joe Pavlov Republican
- Joseph Fox Republican
- Steve Carra Republican