Form N-Q

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM N-Q


QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number         811-6383         

        Nuveen Michigan Quality Income Municipal Fund, Inc.         
(Exact name of registrant as specified in charter)


        333 West Wacker Drive, Chicago, Illinois 60606         

(Address of principal executive offices) (Zip code)


Jessica R. Droeger—Vice President and Secretary
        333 West Wacker Drive, Chicago, Illinois 60606         

(Name and address of agent for service)

Registrant's telephone number, including area code:         312-917-7700        

Date of fiscal year end:            07/31          

Date of reporting period:          04/30/05         

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

Item 1. Schedule of Investments

                       Portfolio of Investments (Unaudited)             
 
        Nuveen Michigan Quality Income Municipal Fund, Inc. (NUM)             
                       April 30, 2005             
 
 
 
 
Principal        Optional Call        Market 
Amount (000)    Description(1)    Provisions*    Ratings**    Value 

 
        Education and Civic Organizations - 8.5% (5.7% of Total Investments)             
 
$    1,720    Ferris State College, Michigan, General Revenue Bonds, Series 1998, 5.000%, 10/01/23 - AMBAC    4/08 at 100.00    AAA    $ 1,792,980 
        Insured             
 
    1,685    Michigan Higher Education Facilities Authority, Limited Obligation Revenue Refunding Bonds,    9/11 at 100.00    Aaa    1,871,782 
        Kettering University, Series 2001, 5.500%, 9/01/17 - AMBAC Insured             
 
    1,500    Michigan Higher Education Student Loan Authority, Revenue Bonds, Series 2000 XII-T, 5.300%,    No Opt. Call    AAA    1,612,665 
        9/01/10 (Alternative Minimum Tax) - AMBAC Insured             
 
    1,000    Michigan Higher Education Student Loan Authority, Revenue Bonds, Series 2002 XVII-G, 5.200%,    9/12 at 100.00    AAA    1,051,830 
        9/01/20 (Alternative Minimum Tax) - AMBAC Insured             
 
        Michigan Technological University, General Revenue Bonds, Series 2004A:             
    1,060    5.000%, 10/01/21 - MBIA Insured    10/13 at 100.00    AAA    1,141,811 
    1,115    5.000%, 10/01/22 - MBIA Insured    10/13 at 100.00    AAA    1,198,815 
    1,170    5.000%, 10/01/23 - MBIA Insured    10/13 at 100.00    AAA    1,253,526 
 
        Wayne State University, Michigan, General Revenue Bonds, Series 1999:             
    3,430    5.250%, 11/15/19 - FGIC Insured    11/09 at 101.00    AAA    3,719,938 
    1,000    5.125%, 11/15/29 - FGIC Insured    11/09 at 101.00    AAA    1,051,850 
 
    1,000    Western Michigan University, General Revenue Refunding Bonds, Series 2003, 5.000%, 11/15/20 - MBIA    11/13 at 100.00    AAA    1,080,090 
        Insured             

 
        Healthcare - 18.9% (12.7% of Total Investments)             
 
    2,900    Dearborn Hospital Finance Authority, Michigan, Hospital Revenue Bonds, Oakwood Obligated Group,    11/05 at 102.00    AAA    2,998,745 
        Series 1995A, 5.875%, 11/15/25 - FGIC Insured             
 
    1,235    Hancock Hospital Finance Authority, Michigan, FHA-Insured Mortgage Hospital Revenue Bonds, Portage    8/08 at 100.00    AAA    1,303,752 
        Health System Inc., Series 1998, 5.450%, 8/01/47 - MBIA Insured             
 
    3,500    Kent Hospital Finance Authority, Michigan, Revenue Bonds, Spectrum Health, Series 2001A, 5.250%,    7/11 at 101.00    AA    3,698,485 
        1/15/21             
 
    1,533    Michigan State Hospital Finance Authority, Collateralized Loan, Detroit Medical Center, Series    No Opt. Call    Baa2    1,543,532 
        2001, 7.360%, 3/01/07             
 
    1,500    Michigan State Hospital Finance Authority, Hospital Revenue Refunding Bonds, Henry Ford Health    3/13 at 100.00    A1    1,628,385 
        System, Series 2003A, 5.625%, 3/01/17             
 
    1,000    Michigan State Hospital Finance Authority, Hospital Revenue Refunding Bonds, OSF Healthcare System,    11/09 at 101.00    A    1,073,660 
        Series 1999, 6.125%, 11/15/19             
 
    1,700    Michigan State Hospital Finance Authority, Hospital Revenue Refunding Bonds, Mercy Health Services    8/09 at 101.00    AAA    1,864,407 
        Obligated Group, Series 1999X, 5.750%, 8/15/19 - MBIA Insured             
 
        Michigan State Hospital Finance Authority, Hospital Revenue Refunding Bonds, Mercy Mt. Clemens             
        Corporation Obligated Group, Series 1999A:             
    3,385    5.750%, 5/15/17 - MBIA Insured    5/09 at 101.00    AAA    3,700,617 
    500    5.750%, 5/15/29 - MBIA Insured    5/09 at 101.00    AAA    541,380 
 
    2,700    Michigan State Hospital Finance Authority, Hospital Revenue Bonds, Detroit Medical Center Obligated    8/08 at 101.00    Ba3    2,376,756 
        Group, Series 1998A, 5.250%, 8/15/28             
 
    1,000    Michigan State Hospital Finance Authority, Hospital Revenue Refunding Bonds, Memorial Healthcare    11/09 at 101.00    BBB+    1,039,260 
        Center Obligated Group, Series 1999, 5.875%, 11/15/21             
 
    5,000    Michigan State Hospital Finance Authority, Hospital Revenue Bonds, Henry Ford Health System, Series    11/09 at 101.00    A1    5,340,550 
        1999A, 6.000%, 11/15/24             
 
    500    Michigan State Hospital Finance Authority, Revenue Bonds, Marquette General Hospital, Series 2005A,    5/15 at 100.00    Baa1    506,490 
        5.000%, 5/15/26 (WI, settling 5/04/05)             
 
    5,500    Royal Oak Hospital Finance Authority, Michigan, Hospital Revenue Bonds, William Beaumont Hospital,    11/11 at 100.00    AAA    5,782,370 
        Series 2001M, 5.250%, 11/15/31 - MBIA Insured             
 
    2,195    University of Michigan, Medical Service Plan Revenue Bonds, Series 1991, 0.000%, 12/01/10    No Opt. Call    AA+    1,802,819 

 
        Housing/Multifamily - 5.4% (3.6% of Total Investments)             
 
    2,675    Michigan Housing Development Authority, FNMA Limited Obligation Multifamily Housing Revenue Bonds,    12/20 at 101.00    AAA    2,893,280 
        Parkview Place Apartments, Series 2002A, 5.550%, 12/01/34 (Alternative Minimum Tax)             
 
    1,800    Michigan Housing Development Authority, FNMA Enhanced Limited Obligation Multifamily Revenue Bonds,    9/15 at 100.00    Aaa    1,879,452 
        Renaissance Apartments, Series 2002, 5.500%, 8/01/35 (Alternative Minimum Tax)             
 
    3,115    Michigan Housing Development Authority, Rental Housing Revenue Bonds, Series 1995B, 6.150%,    6/05 at 102.00    AAA    3,181,630 
        10/01/15 - MBIA Insured             
 
    2,110    Michigan Housing Development Authority, Rental Housing Revenue Bonds, Series 1999A, 5.300%,    4/09 at 101.00    AAA    2,161,442 
        10/01/37 (Alternative Minimum Tax) - MBIA Insured             

 
        Housing/Single Family - 0.6% (0.4% of Total Investments)             
 
    1,000    Michigan Housing Development Authority, Single Family Mortgage Revenue Bonds, Series 2001, 5.300%,    1/11 at 100.00    AAA    1,036,100 
        12/01/16 (Alternative Minimum Tax) - MBIA Insured             

 
        Long-Term Care - 0.6% (0.4% of Total Investments)             
 
    1,000    Michigan State Hospital Finance Authority, Revenue Bonds, Presbyterian Villages of Michigan    5/15 at 100.00    N/R    978,580 
        Obligated Group, Series 2005, 5.250%, 11/15/25             
 
    200    Michigan Strategic Fund, Limited Obligation Revenue Refunding Bonds, Porter Hills Presbyterian    7/08 at 101.00    BBB+    201,580 
        Village, Series 1998, 5.375%, 7/01/28             

 
        Materials - 0.9% (0.6% of Total Investments)             
 
    1,750    Dickinson County Economic Development Corporation, Michigan, Pollution Control Revenue Bonds,    11/14 at 100.00    BBB    1,772,925 
        International Paper Company, Series 2004A, 4.800%, 11/01/18             

 
        Tax Obligation/General - 39.5% (26.6% of Total Investments)             
 
        Allegan County Public School District, Michigan, General Obligation Bonds, Series 2000:             
    1,850    5.600%, 5/01/20 - FSA Insured    5/10 at 100.00    AAA    2,025,195 
    1,435    5.750%, 5/01/30 - FSA Insured    5/10 at 100.00    AAA    1,575,171 
 
        Anchor Bay School District, Macomb and St. Clair Counties, Michigan, Unlimited Tax General             
        Obligation Refunding Bonds, Series 2001:             
    2,500    5.000%, 5/01/21    5/11 at 100.00    AA    2,651,475 
    3,200    5.000%, 5/01/29    5/11 at 100.00    AA    3,306,336 
 
    1,000    Anchor Bay School District, Macomb and St. Clair Counties, Michigan, General Obligation Refunding    5/12 at 100.00    AA    1,053,200 
        Bonds, Series 2002, 5.000%, 5/01/25             
 
    1,000    Belding School District, Ionia, Kent and Montcalm Counties, Michigan, General Obligation Refunding    5/08 at 100.00    AAA    1,036,080 
        Bonds, Series 1998, 5.000%, 5/01/26 - AMBAC Insured             
 
    1,200    Birmingham, Michigan, General Obligation Bonds, Series 2002, 5.000%, 10/01/20    10/12 at 100.50    AAA    1,295,256 
 
    1,320    Bridgeport Spaulding Community School District, Saginaw County, Michigan, General Obligation Bonds,    5/12 at 100.00    AA    1,469,318 
        Series 2002, 5.500%, 5/01/16             
 
    2,110    Caledonia Community Schools, Kent, Allegan and Barry Counties, Michigan, General Obligation Bonds,    5/13 at 100.00    AA    2,310,323 
        Series 2003, 5.250%, 5/01/20             
 
    1,285    Caledonia Community Schools, Kent, Allegan and Barry Counties, Michigan, General Obligation Bonds,    5/15 at 100.00    AAA    1,366,225 
        Series 2005, 5.000%, 5/01/25 - MBIA Insured             
 
    1,850    Chippewa Valley Schools, Macomb County, Michigan, General Obligation Bonds, Series 2005, 5.000%,    5/15 at 100.00    AAA    1,971,767 
        5/01/24 (WI, settling 5/04/05) - MBIA Insured             
 
    1,195    Detroit, Michigan, General Obligation Bonds, Series 2004A-1, 5.250%, 4/01/24 - AMBAC Insured    4/14 at 100.00    AAA    1,289,094 
 
    2,000    Detroit City School District, Wayne County, Michigan, General Obligation Bonds, Series 2002A,    No Opt. Call    AAA    2,429,360 
        6.000%, 5/01/19 - FGIC Insured             
 
    1,065    Edwardsburg Public School, Cass County, Michigan, General Obligation Bonds, Series 2004, 5.000%,    5/14 at 100.00    AAA    1,135,002 
        5/01/22 - FSA Insured             
 
        Fitzgerald Public School District, Macomb County, Michigan, General Obligation Bonds, Series 2004B:             
    1,150    5.000%, 5/01/16 - AMBAC Insured    11/14 at 100.00    AAA    1,254,926 
    2,100    5.000%, 5/01/17 - AMBAC Insured    11/14 at 100.00    AAA    2,281,146 
 
    1,085    Freeland Community School District, Saginaw, Midland and Bay Counties, Michigan, General Obligation    5/10 at 100.00    AA    1,170,563 
        Bonds, Series 2000, 5.250%, 5/01/19             
 
        Grand Rapids and Kent County Joint Building Authority, Michigan, Limited Tax General Obligation             
        Bonds, Devos Place Project, Series 2001:             
    8,900    0.000%, 12/01/25    No Opt. Call    AAA    3,331,537 
    3,000    0.000%, 12/01/26    No Opt. Call    AAA    1,059,420 
 
    1,400    Howell Public Schools, Livingston County, Michigan, General Obligation Bonds, Series 2003, 5.000%,    11/13 at 100.00    AA    1,506,260 
        5/01/21             
 
    1,500    Huron Valley School District, Oakland and Livingston Counties, Michigan, General Obligation Bonds,    11/11 at 100.00    AA    1,667,850 
        Series 2001, 5.500%, 5/01/17             
 
    1,065    Jackson Public Schools, Jackson County, Michigan, General Obligation School Building and Site    5/14 at 100.00    AAA    1,135,002 
        Bonds, Series 2004, 5.000%, 5/01/22 - FSA Insured             
 
    2,000    Lake Fenton Community Schools, Genesee County, Michigan, General Obligation Bonds, Series 2002,    5/12 at 100.00    AA    2,116,140 
        5.000%, 5/01/24             
 
    1,790    Lansing Building Authority, Michigan, General Obligation Bonds, Series 2003A, 5.000%, 6/01/26 -    6/13 at 100.00    AAA    1,878,515 
        MBIA Insured             
 
    1,785    Livonia Public Schools, Wayne County, Michigan, General Obligation Bonds, Series 2004A, 5.000%,    5/14 at 100.00    AAA    1,907,862 
        5/01/21 - MBIA Insured             
 
    4,000    Michigan, General Obligation Bonds, Environmental Protection Program, Series 2003A, 5.250%,    5/13 at 100.00    AA    4,391,320 
        5/01/20             
 
    4,300    Montcalm County Building Authority, Michigan, Correctional Facility Improvement General Obligation    5/10 at 100.00    AAA    4,581,779 
        Bonds, Series 2000, 5.250%, 5/01/25 - AMBAC Insured             
 
    2,500    Montrose School District, Michigan, School Building and Site Bonds, Series 1997, 6.000%, 5/01/22 -    No Opt. Call    AAA    3,072,325 
        MBIA Insured             
 
    1,255    Morenci Area Schools, Lenawee County, Michigan, General Obligation Bonds, Series 2002, 5.250%,    5/12 at 100.00    AAA    1,372,054 
        5/01/19 - MBIA Insured             
 
    1,625    Northville Public Schools, Wayne County, Michigan, General Obligation Bonds, Series 2001, 5.375%,    11/11 at 100.00    AA    1,790,165 
        5/01/18             
 
    1,000    Oakland County Building Authority, Michigan, General Obligation Bonds, Series 2002, 5.125%,    9/11 at 100.00    AAA    1,073,390 
        9/01/22             
 
    4,200    Puerto Rico, General Obligation and Public Improvement Refunding Bonds, Series 2001A, 5.500%,    No Opt. Call    AAA    4,971,834 
        7/01/20 - MBIA Insured             
 
    1,655    Southfield Library Building Authority, Michigan, General Obligation Bonds, Series 2005, 5.000%,    5/15 at 100.00    AAA    1,751,851 
        5/01/26 (WI, settling 5/17/05) - MBIA Insured             
 
    1,050    Warren Consolidated School District, Macomb and Oakland Counties, Michigan, General Obligation    11/11 at 100.00    AAA    1,158,003 
        Bonds, Series 2001, 5.375%, 5/01/19 - FSA Insured             
 
    1,980    Washtenaw County Building Authority, Michigan, Limited Tax General Obligation Bonds, Series 1999,    9/07 at 100.00    AAA    2,084,881 
        5.400%, 9/01/17 - FGIC Insured             
 
    1,125    Whitehall District Schools, Muskegon County, Michigan, General Obligation Bonds, Series 2001,    11/11 at 100.00    AA    1,250,888 
        5.500%, 5/01/17             
 
    1,725    Williamston Community School District, Michigan, Unlimited Tax General Obligation QSBLF Bonds,    No Opt. Call    AAA    2,020,027 
        Series 1996, 5.500%, 5/01/25 - MBIA Insured             

 
        Tax Obligation/Limited - 23.4% (15.7% of Total Investments)             
 
    1,800    Wayne County, Dearborn Heights, Michigan, Tax Increment Financing Authority, Limited Tax General    10/10 at 100.00    AAA    1,886,634 
        Obligation Bonds, Police and Courthouse Facility, Series 2001A, 5.000%, 10/01/26 - MBIA Insured             
 
    1,000    Grand Rapids Building Authority, Kent County, Michigan, Limited Tax General Obligation Bonds,    No Opt. Call    AA    1,106,900 
        Series 1998, 5.000%, 4/01/16             
 
    1,345    Grand Rapids Building Authority, Kent County, Michigan, Limited Tax General Obligation Bonds,    10/11 at 100.00    AAA    1,412,196 
           Series 2001, 5.125%, 10/01/26 - MBIA Insured             
 
    1,100    Michigan Municipal Bond Authority, Clean Water Revolving Fund Revenue Refunding Bonds, Series 2002,    10/12 at 100.00    AAA    1,207,877 
        5.250%, 10/01/18             
 
    75    Michigan Municipal Bond Authority, Local Government Loan Program Revenue Sharing Bonds, Series    5/05 at 100.00    A    75,227 
        1992D, 6.650%, 5/01/12             
 
    4,210    Michigan Municipal Bond Authority, Clean Water Revolving Fund Revenue Bonds, Series 2004, 5.000%,    10/14 at 100.00    AAA    4,566,924 
        10/01/19             
 
    1,150    Michigan Municipal Bond Authority, Drinking Water Revolving Fund Revenue Bonds, Series 2004,    10/14 at 100.00    AAA    1,232,501 
        5.000%, 10/01/23             
 
        Michigan State Building Authority, Revenue Refunding Bonds, Facilities Program, Series 2003II:             
    5,100    5.000%, 10/15/22 - MBIA Insured    10/13 at 100.00    AAA    5,484,183 
    5,000    5.000%, 10/15/23 - MBIA Insured    10/13 at 100.00    AAA    5,357,700 
 
        Michigan, Certificates of Participation, Series 2000:             
    2,000    5.500%, 6/01/19 - AMBAC Insured    6/10 at 100.00    AAA    2,187,640 
    2,000    5.500%, 6/01/27 - AMBAC Insured    6/10 at 100.00    AAA    2,159,740 
 
    1,000    Michigan State Trunk Line, Fund Bonds, Series 2001A, 5.000%, 11/01/25 - FSA Insured    11/11 at 100.00    AAA    1,053,910 
 
    3,500    Michigan State Trunk Line, Fund Refunding Bonds, Series 2002, 5.250%, 10/01/21 - FSA Insured    10/12 at 100.00    AAA    3,808,910 
 
    1,100    Muskegon County, Michigan, Limited Tax General Obligation Wastewater Management System 2 Revenue    7/11 at 100.00    AAA    1,142,196 
        Bonds, Series 2002, 5.000%, 7/01/26 - FGIC Insured             
 
    4,100    Puerto Rico, Highway Revenue Bonds, Highway and Transportation Authority, Series 1996Y, 5.500%,    7/16 at 100.00    A    4,550,672 
        7/01/36             
 
    915    Puerto Rico Public Finance Corporation, Commonwealth Appropriation Bonds, Series 2002E, 6.000%,    No Opt. Call    BBB+    1,107,864 
        8/01/26             
 
    5,000    Wayne County, Michigan, Limited Tax General Obligation Airport Hotel Revenue Bonds, Detroit    12/11 at 101.00    AAA    5,284,400 
        Metropolitan Wayne County Airport, Series 2001A, 5.000%, 12/01/21 - MBIA Insured             

 
        Transportation - 0.6% (0.4% of Total Investments)             
 
    1,000    Capital Region Airport Authority, Michigan, Revenue Refunding Bonds, Series 2002, 5.250%, 7/01/21    7/12 at 100.00    AAA    1,054,560 
        (Alternative Minimum Tax) - MBIA Insured             

 
        U.S. Guaranteed *** - 30.2% (20.4% of Total Investments)             
 
    2,190    Anchor Bay School District, Macomb and St. Clair Counties, Michigan, General Obligation Bonds,    5/09 at 100.00    AAA    2,432,039 
        Series 1999I, 6.000%, 5/01/29 (Pre-refunded to 5/01/09) - FGIC Insured             
 
    1,000    Charlotte Public School District, Easton County, Michigan, General Obligation Unlimited Tax School    5/09 at 100.00    AAA    1,059,120 
        Building and Site Bonds, Series 1999, 5.250%, 5/01/25 (Pre-refunded to 5/01/09) - FGIC Insured             
 
    250    Puerto Rico, The Children's Trust Fund, Tobacco Settlement Asset-Backed Bonds, Series 2000,    7/10 at 100.00    AAA    265,705 
        5.750%, 7/01/20 (Pre-refunded to 7/01/10)             
 
    2,000    Clarkston Community Schools, Michigan, General Obligation Bonds, School Bond Loan Fund - QSBLF,    5/07 at 100.00    AAA    2,090,740 
        Series 1997, 5.250%, 5/01/23 (Pre-refunded to 5/01/07) - MBIA Insured             
 
    1,500    Detroit, Michigan, Sewerage Disposal System Revenue Refunding Bonds, Series 1995B, 5.250%, 7/01/21    7/05 at 101.00    AAA    1,521,675 
        (Pre-refunded to 7/01/05) - MBIA Insured             
 
    1,000    Detroit, Michigan, Sewerage Disposal System Revenue Bonds, Series 1999A, 5.875%, 7/01/27    1/10 at 101.00    AAA    1,128,680 
        (Pre-refunded to 1/01/10) - FGIC Insured             
 
        Detroit, Michigan, Sewerage Disposal System Revenue Bonds, Series 1997A:             
    950    5.500%, 7/01/20 (Pre-refunded to 7/01/07) - MBIA Insured    7/07 at 101.00    AAA    1,010,002 
    2,050    5.500%, 7/01/20 (Pre-refunded to 7/01/07) - MBIA Insured    7/07 at 101.00    AAA    2,179,478 
    1,730    5.000%, 7/01/22 (Pre-refunded to 7/01/07) - MBIA Insured    7/07 at 101.00    AAA    1,821,188 
 
    2,000    Detroit, Michigan, Senior Lien Water Supply System Revenue Bonds, Series 1999A, 5.750%, 7/01/26    1/10 at 101.00    AAA    2,246,580 
        (Pre-refunded to 1/01/10) - FGIC Insured             
 
        Detroit, Michigan, Senior Lien Water Supply System Revenue Bonds, Series 2001A:             
    3,400    5.750%, 7/01/28 (Pre-refunded to 7/01/11) - FGIC Insured    7/11 at 101.00    AAA    3,880,148 
    770    5.250%, 7/01/33 (Pre-refunded to 7/01/11) - FGIC Insured    7/11 at 100.00    AAA    851,158 
 
    1,000    East China School District, St. Clair County, Michigan, General Obligation Bonds, Series 2001,    11/11 at 100.00    AA***    1,123,000 
        5.500%, 5/01/20 (Pre-refunded to 11/01/11)             
 
    2,000    East Grand Rapids Public Schools, Kent County, Michigan, Unlimited Tax General Obligation School    5/09 at 100.00    AAA    2,221,040 
        Building and Site Bonds, Series 2000, 6.000%, 5/01/29 (Pre-refunded to 5/01/09) - FSA Insured             
 
    1,000    Michigan, Certificates of Participation, New Center Development Inc., Series 2001, 5.375%, 9/01/21    9/11 at 100.00    AAA    1,110,220 
        (Pre-refunded to 9/01/11) - MBIA Insured             
 
        Michigan State Hospital Finance Authority, Hospital Revenue Bonds, Ascension Health Credit Group,             
        Series 1999A:             
    1,000    6.125%, 11/15/23 (Pre-refunded to 11/15/09) - MBIA Insured    11/09 at 101.00    AAA    1,133,480 
    2,500    6.125%, 11/15/26 (Pre-refunded to 11/15/09)    11/09 at 101.00    AAA    2,833,700 
 
    3,300    Michigan State Hospital Finance Authority, Hospital Revenue Bonds, Presbyterian Villages of    1/07 at 102.00    N/R***    3,540,405 
        Michigan Obligated Group, Series 1997, 6.375%, 1/01/25 (Pre-refunded to 1/01/07)             
 
    3,460    Michigan State Hospital Finance Authority, Hospital Revenue Refunding Bonds, St. John's Health    5/08 at 101.00    AAA    3,604,455 
        System, Series 1998A, 5.000%, 5/15/28 - AMBAC Insured             
 
    250    Michigan South Central Power Agency, Power Supply System Revenue Bonds, Series 2000, 6.000%,    No Opt. Call    A3***    283,995 
        5/01/12             
 
    1,100    Michigan Strategic Fund, Limited Obligation Revenue Refunding Bonds, Porter Hills Presbyterian    7/08 at 101.00    BBB+***    1,187,241 
        Village, Series 1998, 5.375%, 7/01/28 (Pre-refunded to 7/01/08)             
 
    2,875    Milan Area Schools, Washtenaw and Monroe Counties, Michigan, General Obligation Bonds, Series    5/10 at 100.00    AAA    3,224,169 
        2000A, 5.750%, 5/01/24 (Pre-refunded to 5/01/10) - FGIC Insured             
 
    4,000    Pinckney Community Schools, Livingston and Washtenaw Counties, Michigan, Unlimited Tax General    5/07 at 100.00    AAA    4,200,800 
        Obligation School Building and Site Bonds, Series 1997, 5.500%, 5/01/27 (Pre-refunded to 5/01/07) -             
        FGIC Insured             
 
    1,125    Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2000B, 6.000%,    7/10 at 101.00    A***    1,282,106 
        7/01/39 (Pre-refunded to 7/01/10)             
 
    1,000    Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 1995X, 5.500%, 7/01/25    7/05 at 100.00    A-***    1,005,090 
        (Pre-refunded to 7/01/05)             
 
    85    Puerto Rico Public Finance Corporation, Commonwealth Appropriation Bonds, Series 2002E, 6.000%,    No Opt. Call    BBB+***    105,745 
        8/01/26             
 
    1,000    Rochester Community School District, Oakland and Macomb Counties, Michigan, General Obligation    5/10 at 100.00    AAA    1,121,450 
        Bonds, Series 2000I, 5.750%, 5/01/19 (Pre-refunded to 5/01/10) - FGIC Insured             
 
    2,100    Romulus Community Schools, Wayne County, Michigan, Unlimited Tax General Obligation School Building    5/09 at 100.00    AAA    2,312,436 
        and Site Bonds, Series 1999, 5.750%, 5/01/25 (Pre-refunded to 5/01/09) - FGIC Insured             
 
    2,500    Taylor Building Authority, Wayne, Michigan, Limited Tax General Obligation Bonds, Series 2000,    3/10 at 100.00    AAA    2,726,350 
        5.125%, 3/01/17 (Pre-refunded to 3/01/10) - AMBAC Insured             
 
    2,600    West Bloomfield School District, Oakland County, Michigan, Unlimited Tax General Obligation School    5/10 at 100.00    AAA    2,933,736 
        Building and Site Bonds, Series 2000, 5.900%, 5/01/18 (Pre-refunded to 5/01/10) - FGIC Insured             

 
        Utilities - 12.1% (8.2% of Total Investments)             
 
    3,000    Michigan Public Power Agency, Revenue Bonds, Combustion Turbine 1 Project, Series 2001A, 5.250%,    1/12 at 100.00    AAA    3,230,280 
        1/01/27 - AMBAC Insured             
 
    3,225    Michigan South Central Power Agency, Power Supply System Revenue Bonds, Series 2000, 6.000%,    No Opt. Call    A3    3,581,363 
        5/01/12             
 
    3,630    Michigan Strategic Fund, Limited Obligation Revenue Refunding Bonds, Detroit Edison Company, Series    No Opt. Call    AAA    4,803,252 
        1991BB, 7.000%, 5/01/21 - AMBAC Insured             
 
    2,000    Michigan Strategic Fund, Limited Obligation Pollution Control Revenue Refunding Bonds, Detroit    No Opt. Call    Aaa    2,118,940 
        Edison Company, Series 1995CC, 4.850%, 9/01/30 (Mandatory put 9/01/11) - AMBAC Insured             
 
    4,000    Michigan Strategic Fund, Collateralized Limited Obligation Pollution Control Revenue Refunding    9/11 at 100.00    A3    4,202,560 
        Bonds, Detroit Edison Company, Series 2001C, 5.450%, 9/01/29             
 
    3,000    Michigan Strategic Fund, Limited Obligation Revenue Refunding Bonds, Detroit Edison Company, Series    12/12 at 100.00    AAA    3,179,340 
        2002C, 5.450%, 12/15/32 (Alternative Minimum Tax) - XLCA Insured             
 
    1,000    Michigan Strategic Fund, Collateralized Limited Obligation Pollution Control Revenue Refunding    9/09 at 102.00    AAA    1,060,570 
        Bonds, Detroit Edison Company, Series 1999A, 5.550%, 9/01/29 (Alternative Minimum Tax) - MBIA             
        Insured             
 
    400    Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2000HH, 5.250%, 7/01/29 - FSA    7/10 at 101.00    AAA    431,096 
        Insured             

 
        Water and Sewer - 7.8% (5.3% of Total Investments)             
 
    1,500    Detroit, Michigan, Senior Lien Sewerage Disposal System Revenue Bonds, Series 2001B, 5.500%,    No Opt. Call    AAA    1,770,075 
        7/01/29 - FGIC Insured             
 
    2,000    Detroit, Michigan, Senior Lien Sewerage Disposal System Revenue Refunding Bonds, Series 2003A,    7/13 at 100.00    AAA    2,162,040 
        5.000%, 7/01/17 - FSA Insured             
 
        Detroit, Michigan, Senior Lien Water Supply System Revenue Bonds, Series 2003A:             
    4,025    5.000%, 7/01/24 - MBIA Insured    7/13 at 100.00    AAA    4,297,815 
    3,000    5.000%, 7/01/25 - MBIA Insured    7/13 at 100.00    AAA    3,189,360 
 
    730    Detroit, Michigan, Senior Lien Water Supply System Revenue Bonds, Series 2001A, 5.250%, 7/01/33 -    7/11 at 100.00    AAA    781,487 
        FGIC Insured             
 
        Muskegon Heights, Muskegon County, Michigan, Water Supply System Revenue Bonds, Series 2000A:             
    1,040    5.625%, 11/01/25 - MBIA Insured    11/10 at 100.00    Aaa    1,141,607 
    1,160    5.625%, 11/01/30 - MBIA Insured    11/10 at 100.00    Aaa    1,273,332 

 
$    264,518    Total Long-Term Investments (cost $256,339,419) - 148.5%            277,162,106 


 
        Other Assets Less Liabilities - 1.9%            3,485,601 

 
        Preferred Shares, at Liquidation Value - (50.4)%            (94,000,000) 

 
        Net Assets Applicable to Common Shares - 100%            $186,647,707 



(1)    All percentages shown in the Portfolio of Investments are based on net assets applicable to Common shares 
    unless otherwise noted. 
*    Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There 
    may be other call provisions at varying prices at later dates. 
**    Ratings: Using the higher of Standard & Poor's or Moody's rating. 
***    Securities are backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency 
    securities which ensures the timely payment of principal and interest. Such securities are normally considered 
    to be equivalent to AAA rated securities. 
N/R    Investment is not rated. 
(WI)    Security purchased on a when-issued basis. 

Income Tax Information     
 
The following information is presented on an income tax basis. Differences between amounts for financial statement     
and federal income tax purposes are primarily due to timing differences in recognizing income on taxable market     
discount securities and timing differences in recognizing certain gains and losses on security transactions.     
 
At April 30, 2005, the cost of investments was $256,430,152.     
 
Gross unrealized appreciation and gross unrealized depreciation of investments at April 30, 2005, were as     
follows:     

 
Gross unrealized:     
 Appreciation    $21,203,656 
 Depreciation    (471,702) 

 
Net unrealized appreciation of investments    $20,731,954 


Item 2. Controls and Procedures.

  1. The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).
  2. There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.

Item 3. Exhibits.

File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: EX-99 CERT Attached hereto.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant)         Nuveen Michigan Quality Income Municipal Fund, Inc.        

By (Signature and Title)*          /s/ Jessica R. Droeger--Vice President and Secretary        

Date         06/29/05        

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By (Signature and Title)*         /s/ Gifford R. Zimmerman--Chief Administrative Officer (principal executive officer)        

Date         06/29/05        

By (Signature and Title)*         /s/ Stephen D. Foy--Vice President and Controller (principal financial officer)        

Date         06/29/05        

* Print the name and title of each signing officer under his or her signature.