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MI HB5816

Bill

Official Source

Status

Introduced

9/17/2014

Primary Sponsor

Jeff Irwin

Click for details

Origin

House of Representatives

97th Legislature

AI Summary

  • Adds a new tax deduction for taxpayers for tax years beginning after December 31, 2014, allowing $800 per dependent child younger than 7 years of age.

  • The deduction amount is calculated by multiplying $800 by the number of qualifying exemptions claimed for dependent children under age 7 on the last day of the tax year.

  • This deduction applies to the calculation of Michigan taxable income under Section 30 of the Income Tax Act of 1967.

Legislative Description

Individual income tax; deductions; deduction for dependent children younger than 7 years of age; provide for. Amends sec. 30 of 1967 PA 281 (MCL 206.30).

Children, other

Last Action

Printed Bill Filed 09/18/2014

9/18/2014

Committee Referrals

Tax Policy9/17/2014

Full Bill Text

No bill text available