MI HB4818

Adds the Michigan junior achievement fund to the list of charitable organizations that individual taxpayers can designate contributions to from their state income tax refunds, effective for the 2016 tax year and thereafter.

Allows taxpayers to contribute $5.00, $10.00, or more of their refund to the Michigan junior achievement fund through a checkoff designation on their annual state income tax return.

Requires the department to incorporate the new Michigan junior achievement fund designation into the state income tax return's contributions schedule in alphabetical order with existing charitable fund options.

Maintains the existing requirement that contribution designations must raise at least $50,000.00 in any tax year for 2 consecutive years or be removed from the schedule.

Takes effect only if House Bill No. 4817 is enacted into law, effective June 16, 2016.