A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” (MCL 206.1 to 206.847) by adding sections 279 and 678.
House Bills 5798, 5799 and 5809 establish new income tax credits to encourage investment in the rehabilitation and redevelopment of blighted, historic, or underutilized properties in Michigan, with special provisions for rural and low-income areas, subject to annual funding caps and detailed eligibility criteria.
Introduced
by
Referred to the Committee on Economic Competitiveness
