MI HB4510

Allows taxpayers to claim a state income tax credit equal to 50% of charitable contributions made to qualified charitable organizations for tax years beginning after December 31, 2014.

Limits the credit to a maximum of $100 per taxpayer per year, or $200 for taxpayers filing joint returns.

Defines "qualified charitable organization" as entities exempt under Internal Revenue Code Section 501(c)(3) and registered with the Michigan Attorney General under the Charitable Organizations and Solicitations Act.

Provides that excess credits cannot be refunded if they exceed the taxpayer's tax liability for the year.