MI HB5232

Allows individuals to designate refund contributions of $5.00 or more to specified charitable funds on their annual tax return, including the children of veterans tuition grant program, children's trust fund, animal welfare fund, united way fund, and girl scouts of Michigan fund.

Requires the Department of Treasury to maintain a separate contributions schedule on the state income tax return listing all active contribution designations, limited to no more than 10 designations per tax year in alphabetical order.

Removes a contribution designation from the schedule if it fails to raise $50,000.00 in any tax year for 2 consecutive tax years.

Permits taxpayers to add a designated contribution amount to their tax liability if their refund is insufficient to make the contribution.

Appropriates collected contributions from the general fund to the departments administering each respective fund, with distributions required within 1 year and funds prohibited from being used for administrative purposes.