Individual income tax: credit; credit for permits associated with building a new single-family residential unit; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 282.

Summary

The bill would let Michigan taxpayers claim a credit on their individual income tax for permits issued when constructing a new single‑family residence. It is intended to encourage the building of new homes and help lower housing costs. The credit would apply to individuals who obtain such construction permits.

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