Individual income tax: other; qualified higher education expenses under the Michigan education savings program; include qualified postsecondary credentialing expenses. Amends sec. 2 of 2000 PA 161 (MCL 390.1472).

Summary

The bill amends the definition of qualified higher‑education expenses in the Michigan Education Savings Program to include postsecondary credentialing costs. This change lets account owners use saved funds for programs such as certifications and licenses, in addition to tuition, books, and loan payments. It affects anyone with a Michigan education savings account and the designated beneficiaries of those accounts.

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