MI HB5976

Adds the Early On Michigan program fund as a new contribution designation option on state income tax returns, effective for the 2013 tax year and beyond.

Allows taxpayers to designate contributions of $5.00 or more from their refunds to any eligible fund listed on the contributions schedule, including the newly added Early On Michigan program fund.

Limits the contributions schedule to a maximum of 10 separate contribution designations in any single tax year and requires the department to remove designations that fail to raise $50,000 for 2 consecutive tax years.

Requires contributions to be distributed to the administering department within 1 year and prohibits any funds from being used for administrative purposes.

Makes the bill contingent on enactment of either Senate Bill or House Bill 5975 from the 96th Legislature.