2025 House Bill 4504

Individual income tax: credit; state historic preservation tax credit program; modify.

A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” by amending section 266a (MCL 206.266a), as added by 2020 PA 343.

AI Analysis – Experimental

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.

Introduced in the House

May 20, 2025

Introduced by Rep. Steve Frisbie (R-44) and five co-sponsors

Co-sponsored by Reps. Joey Andrews (D-38), Phil Skaggs (D-80), Erin Byrnes (D-15), Denise Mentzer (D-61) and Stephanie Young (D-16)

Referred to the Committee on Economic Competitiveness