A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” by amending section 676 (MCL 206.676), as added by 2020 PA 343.
House Bills 4503 & 4504 amend the Income Tax Act to enhance tax credits for historic resource rehabilitation in Michigan, introducing a tiered credit system, setting annual credit caps, and establishing application and compliance procedures.
Co-sponsored by Reps.
Referred to the Committee on Economic Competitiveness