2025 House Bill 4721

Transportation: motor fuel tax; incentives for the sale and production of biodiesel; provide for.

A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” (MCL 206.1 to 206.847) by adding section 679.

AI Analysis – Experimental

House Bill No. 4721 creates refundable tax credits for Michigan biodiesel retailers and producers from 2025 to 2030, with annual caps, to encourage the production and sale of biodiesel blends.