Individual income tax: credit; tax incentive for contributions made to certain ballot and candidate committees; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 281.

Summary

The bill amends Michigan’s individual income tax law to create a credit or incentive for contributions made to specified ballot and candidate committees. It would affect taxpayers who give money to those committees by reducing their tax liability. The measure is intended to encourage political contributions and is currently referred to a committee in the House.

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