State Of Michigan

Lansing, MI 48911

Michigan Lt. Governor Garlin Gilchrist II

2024: Michigan reports $398.7 million in documentary and stock transfer taxes revenue

April 15, 2026

Of the $37.6 billion in taxes collected by Michigan in 2024, 1.1%, or $398.7 million, came from documentary and stock transfer taxes, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

Michigan ranked 10th nationally for public pension contributions in 2024

April 14, 2026

Michigan received $7.8 billion in total public pension contributions, ranking it 10th in the United States in 2024, according to data obtained from the U.S. Census Bureau's Annual Survey of Public Pensions.

Arkansas Lt. Governor Leslie Carol Rutledge

Estate and gift taxes revenue in Michigan remained stable in 2024 compared to previous year

April 7, 2026

Out of the $37.6 billion in total tax revenue collected by Michigan in 2024, $6,000 came from estate and gift taxes, representing a virtually no change from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

Michigan Gov. Gretchen Whitmer, left, and University of Pennsylvania male swimmer Will Lia Thomas

Michigan listed as one of 21 states permitting boys in girls’ high school sports

April 7, 2026

An analysis by Great Lakes Wire shows that, following President Donald Trump’s Feb. 5 executive order titled “Keeping Men Out of Women’s Sports,” Michigan is one of 21 states following the order that allows biological males to play on female sports teams.

In 2024, Michigan public pension holdings total $122.5 billion

April 7, 2026

In 2024, Michigan had $122.5 billion in total cash and investment holdings in its public pension funds, according to the U.S. Census Bureau's Annual Survey of Public Pensions.

License taxes in Michigan rise 0.8% in 2024

April 3, 2026

In 2024, Michigan collected a total of $37.6 billion in state taxes, with $2.3 billion coming from license taxes—an increase of 0.8% compared to the previous year.

Michigan placed 13th in U.S. ranking for motor fuels taxes collected in 2024

April 1, 2026

Michigan generated $1.5 billion from motor fuels sales taxes in 2024, ranking 13th among U.S. states.

Public pension contributions in Michigan total $7.8 billion in 2024

March 31, 2026

In 2024, Michigan received $7.8 billion in contributions to its public pension funds, according to data obtained from the U.S. Census Bureau’s Annual Survey of Public Pensions.

Douglas Collins (right), Secretary of Veterans Affairs

Average VA IRRRL loan amount in Michigan increases from 2024 to 2025

March 27, 2026

The average VA IRRRL loan amount for Michigan in 2025 was $292,544, according to figures provided by the Veterans Affairs Home Loans Index.

Douglas Collins, Secretary of Veterans Affairs

VA issues more interest rate reduction refinance loans in Michigan in 2025 vs. 2024

March 25, 2026

VA interest rate reduction refinance loans in Michigan rose to $3.1 billion in 2025, compared to $2.2 billion in 2024.

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State Of Michigan

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