HB 5166 Summary

• Adds a new checkoff option to Michigan's income tax return allowing taxpayers to designate refunds to the "made a difference teacher fund" starting in the 2020 tax year.

• Includes a space on the contributions schedule for taxpayers to nominate a state-certified teacher for the award when making a designation.

• Requires the made a difference teacher fund designation to be listed alphabetically on the contributions schedule with other existing charitable fund designations.

• Maintains the existing $50,000 minimum fundraising threshold; if the teacher fund fails to raise $50,000 for two consecutive tax years, it must be removed from the contributions schedule.

• Takes effect only if Senate Bill or House Bill 5165 is enacted into law.