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MI HB4291
Bill
Status
Introduced
3/1/2017
Primary Sponsor
Sheldon Neeley
Click for details
AI Summary
- Allows eligible educators at public schools to claim a tax credit for classroom supplies purchased in tax years beginning after December 31, 2018
- Credit limit is $200 for single filers or $400 for joint filers, capped at actual cost paid for supplies
- Defines eligible educators as teachers, instructors, counselors, principals, or aides working at least 900 hours per school year in public schools or public school academies
- Eligible classroom supplies include books, audio/video materials, computer programs, equipment (tape recorders, science lab equipment), art supplies, decorative materials, food for experiments, and prizes or awards
- Credit cannot exceed tax liability and excess amounts are not refundable
Legislative Description
Individual income tax; credit; credit for eligible educators for certain supplies; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.713) by adding sec. 277.
Individual income tax: credit
Last Action
Bill Electronically Reproduced 03/01/2017
3/2/2017
Committee Referrals
Tax Policy3/1/2017
Full Bill Text
No bill text available