Individual income tax: credit; credit for certain qualified dependents; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 281.

Summary

Starting in tax year 2026, Michigan taxpayers can claim a credit equal to half of the state’s target foundation allowance for each qualifying dependent. A qualified dependent is a child aged 5‑18 who isn’t enrolled in public school and shows reading and math proficiency. Any credit that exceeds the taxpayer’s liability is refunded.

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