MI HB6516

Allows qualified physicians (licensed under Michigan Public Health Code Article 15) to claim a tax credit against the Michigan Business Tax for providing free medical services beginning in tax years after December 31, 2010.

Tax credit equals the lesser of: (a) the value of qualified medical services provided at usual, reasonable, and customary rates; (b) the number of volunteer hours multiplied by $125.00; or (c) $2,500.00 per tax year.

Qualified medical services include free health care provided at community health centers, free clinics, or through qualified programs to uninsured individuals or those referred by such organizations.

Physicians must obtain a certificate from the community health center, free clinic, or qualified program documenting the provider's name, license number, value of services provided, and hours volunteered, which must be attached to the tax return.

Any credit amount exceeding the taxpayer's tax liability for the year shall be refunded to the taxpayer.