MI HB4919

Expands eligibility for Michigan's earned income tax credit by allowing taxpayers who fail to meet the federal age requirements under Internal Revenue Code section 32(c)(1)(A)(ii)(II) to claim the credit for tax years beginning January 1, 2020 and after.

Removes the limitation restricting the credit to only tax years beginning after December 31, 2007, making the credit available to all eligible taxpayers regardless of when their tax year begins.

Changes references from "act" to "part" in the statute to align with Michigan's tax code structure for income tax provisions.

Maintains the existing credit percentages: 10% for tax years 2008, 20% for tax years 2009-2011, and 6% for tax years 2012 and later.

Continues to allow refunds of excess credits to taxpayers without interest, consistent with existing law.