MI HB6064

Allows taxpayers to deduct contributions made to the Michigan feed our future fund during tax years beginning January 1, 2022 and later, to the extent not deducted in determining adjusted gross income.

Adds the feed our future fund to the list of charitable contribution designations available on Michigan income tax returns starting with the 2022 tax year, allowing taxpayers to direct refunds to this fund.

Removes language defining "senior citizen" from sections 30(1)(f)(iv) and 30(1)(p) and relocates the definition to section 30(10)(b) for organizational clarity.

Adds Michigan Code citations to previously enacted charitable fund acts (Lions of Michigan Foundation, Michigan World War II Legacy Memorial, and Kiwanis) for referential accuracy.

Bill becomes effective only if Senate Bill No. ____ or House Bill No. 6063 is enacted into law.