MI HB5938

Establishes a tax credit for teachers at public schools and public school academies for classroom supply expenses beginning in tax year 2017.

Teachers may claim up to $100 for single returns or $200 for joint returns against their income tax liability for qualified classroom supply costs.

Qualified classroom supplies include books, audiovisual materials, computer programs, equipment (tape recorders, science/lab equipment), art supplies, decorative materials, and experimental materials.

Any credit amount exceeding the taxpayer's tax liability is not refundable.

Applies definitions of "public school" and "public school academy" from the Revised School Code.