A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” (MCL 206.1 to 206.847) by adding section 272b.
Introduces a $5,500 tax credit for qualified dependents under four, with exclusions for RX Kids Program participants, and establishes a system for advance refund payments to eligible taxpayers.
Introduced
by
Referred to the Committee on Housing and Human Services