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MI HB6472

Bill

Official Source

Status

Introduced

12/2/2020

Primary Sponsor

David LaGrand

Click for details

Origin

House of Representatives

100th Legislature

AI Summary

  • Modifies the form requirements for claiming the homestead property tax credit under Michigan's Income Tax Act of 1967
  • Requires the form to be titled "Homeowner and Renter Property Tax Credit Claim MI-1040CR" beginning with the 2020 tax year
  • Mandates the form include a clear and concise statement that renters may qualify for a credit of up to 23% of their rent paid during the tax year
  • Maintains all existing provisions regarding audit, review, determinations, appeals, hearings, notices, assessments, and administration of the credit

Legislative Description

Individual income tax: property tax credit; forms for homestead property tax credit; modify. Amends sec. 532 of 1967 PA 281 (MCL 206.532).

Individual income tax: property tax credit

Last Action

Bill Electronically Reproduced 12/02/2020

12/2/2020

Committee Referrals

Local Government And Municipal Finance12/2/2020

Full Bill Text

No bill text available