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MI HB4014
Bill
Status
1/11/2017
Primary Sponsor
Peter Lucido
Click for details
AI Summary
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Allows taxpayers to claim a tax credit against Michigan income tax for fees paid on behalf of dependents for participation in school sports, programs, or extracurricular activities, effective for the 2017 tax year and thereafter.
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Requires taxpayers to provide reasonable proof to the Department of Treasury to support fees claimed under the credit.
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Limits the credit to the amount of the taxpayer's tax liability; any excess credit amount is not refundable.
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Defines "dependent" using the same definition as provided in section 30e of the Income Tax Act of 1967.
Legislative Description
Individual income tax; credit; credit for pay-to-play fees for students to participate in extracurricular activities at school; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.713) by adding sec. 254.
Individual income tax: credit
Last Action
Bill Electronically Reproduced 01/11/2017
1/12/2017