07/16/2026
Multi-State Tax Legislation Alert: Major Changes Coming in Michigan, Arizona, and Illinois
Legislative changes impacting businesses in a few key states:
◆ Michigan's House just passed a bill to fully eliminate the personal property tax, a major relief for manufacturers and companies carrying significant inventory. If this passes the Senate, it could reshape how Michigan businesses calculate their total tax burden.
◆ Arizona recently signed a comprehensive income tax overhaul in a House Bill designed to align the state's tax code with recent federal law changes. This is worth reviewing if you're doing business in Arizona
◆ Illinois rolled out a record state budget that includes new business taxes, so if you have Illinois nexus, take time to identify which new levies apply to you.
Tax legislation does not always make headlines, but the financial impact can still be significant. If your business operates in these states, now is a good time to monitor pending legislation and evaluate enacted changes to determine how they may affect your filings, processes, and overall tax position.
Reach out if you want to talk through any of this — we're here to help you navigate these changes.
GSE - The State Tax Experts
A solution oriented multi-state and local tax consulting firm, specializing in non-federal taxes such as sales/use tax, commercial property tax, business license tax, local taxes, and other indirect non-Federal taxes.
