A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” (MCL 206.1 to 206.847) by adding section 677.
Proposes tax credits for taxpayers who undertake eligible projects that achieve LEED certifications (Silver, Gold, or Platinum) or equivalent green building certifications recognized for their climate mitigation and resilience outcomes. The credits are set at 3% for Silver, 5% for Gold, and 7% for Platinum certifications.
Co-sponsored by Reps.
Referred to the Committee on Local Government and Municipal Finance