2008 Senate Bill 1048 ↩

House Roll Call 758: Passed

To authorize a means-tested, non-refundable and temporary income tax credit to partially offset the increased cost of electricity from the renewable energy mandate imposed by <a href="http://www.michiganvotes.org/2008-SB-213">Senate Bill 213</a>. The credit would end in 2012. Also, to authorize an income tax credit equal to 10 percent of the purchase and installation cost of energy-saving home improvements. The maximum tax credit would be $75, $150 for a joint return. Only households with incomes less than $37,500 (single filer) or $75,000 (joint filer) would be eligible, and double that for the increased electricity cost credit.