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MI HB5354
Bill
Status
2/25/2014
Primary Sponsor
Brandon Dillon
Click for details
AI Summary
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Adds new deduction for unemployment benefits received in tax years beginning after December 31, 2013, to the extent included in adjusted gross income.
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Defines "unemployment benefits" as benefits received under state or federal unemployment benefit programs.
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Makes minor technical corrections to existing language, including capitalization changes and grammatical edits (e.g., "beginning" capitalization, "that" to "who" pronoun changes).
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Applies to personal income tax calculations under Michigan's Income Tax Act of 1967 by modifying Section 30 (MCL 206.30).
Legislative Description
Individual income tax; deductions; deduction of unemployment benefits; provide for. Amends sec. 30 of 1967 PA 281 (MCL 206.30).
Employment security, benefits
Last Action
Printed Bill Filed 02/26/2014
2/26/2014