2026 House Bill 6271

Individual income tax: credit; credit for permits associated with building a new single-family residential unit; provide for.

A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” (MCL 206.1 to 206.847) by adding section 282.

AI Analysis – Experimental

Creates a refundable tax credit of up to $2,500 for local building permit costs incurred in constructing new single-family homes in Michigan, effective for tax years beginning January 1, 2027.