2025 House Bill 4424

Corporate income tax: credits; credit for use of sustainable aviation fuel; provide for.

A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” (MCL 206.1 to 206.847) by adding section 678.

AI Analysis – Experimental

House Bills 4424 and 4425 introduces a tax credit for sustainable aviation fuel produced or blended in Michigan, contingent on related legislation, with credits increasing based on greenhouse gas emission reductions.