Corporate income tax: credits; employer credit for paid organ donation leave; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding secs. 279 & 679.

Summary

SB 301 amends the Michigan Corporate Income Tax Act to add new tax credits for corporations and a credit for employers who provide paid leave for organ donation. The bill targets businesses and aims to encourage organ donation by reducing tax liability. It is currently passed by both chambers of the Michigan Senate.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share