A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” (MCL 206.1 to 206.847) by adding sections 260 and 679.
House Bill No. 4754 creates new refundable tax credits for Michigan taxpayers who donate cash or food to qualifying organizations serving indigent populations, with specific caps and reporting requirements, to encourage support for shelters, food banks, and similar entities.
Co-sponsored by Reps.
Referred to the Committee on Economic Competitiveness