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MI SB1409
Bill
AI Summary
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Allows individuals to designate refunds of $5.00 or more to be credited to various charitable and educational funds through their state income tax return starting in 2008.
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Adds the Girl Scouts of Michigan fund as an eligible designation beginning with the 2011 tax year.
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Requires the Department of Treasury to establish a separate contributions schedule incorporating all authorized fund designations and to revise the tax return form to include a line for total contribution designations.
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Permits the department to remove a contribution designation from the schedule if it fails to raise $100,000 in any tax year for two consecutive tax years.
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Requires annual appropriations from the general fund equal to cumulative designations minus administrative costs, distributed to departments administering the respective funds and intended to enhance rather than replace existing appropriations.
Legislative Description
Income tax; checkoff; girl scouts of Michigan fund; provide for. Amends sec. 435 of 1967 PA 281 (MCL 206.435). TIE BAR WITH: SB 1410'10
Income tax, checkoff
Last Action
Assigned Pa 0346'10 With Immediate Effect
12/29/2010